ALJ Regional (NASDAQ:ALJJ) Share Price Passes Below 200-Day Moving Average of $1.88

ALJ Regional Holdings, Inc. (NASDAQ:ALJJGet Rating) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $1.88 and traded as low as $1.70. ALJ Regional shares last traded at $1.70, with a volume of 15,356 shares trading hands.

Analyst Upgrades and Downgrades

Separately, TheStreet upgraded shares of ALJ Regional from a “d” rating to a “c-” rating in a research note on Thursday, August 25th.

ALJ Regional Stock Performance

The company has a debt-to-equity ratio of 0.04, a quick ratio of 4.78 and a current ratio of 4.78. The company has a market capitalization of $65.72 million, a P/E ratio of 0.67 and a beta of 1.16. The business’s fifty day simple moving average is $1.74 and its 200-day simple moving average is $1.88.

Insider Buying and Selling at ALJ Regional

In other ALJ Regional news, major shareholder William Montgomery bought 44,717 shares of ALJ Regional stock in a transaction dated Tuesday, September 6th. The shares were purchased at an average cost of $1.51 per share, for a total transaction of $67,522.67. Following the acquisition, the insider now directly owns 415,845 shares in the company, valued at approximately $627,925.95. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. 66.30% of the stock is currently owned by insiders.

Institutional Trading of ALJ Regional

Large investors have recently made changes to their positions in the business. Vanguard Group Inc. increased its holdings in shares of ALJ Regional by 63.1% in the 1st quarter. Vanguard Group Inc. now owns 755,610 shares of the basic materials company’s stock worth $1,980,000 after buying an additional 292,344 shares during the last quarter. Renaissance Technologies LLC grew its holdings in ALJ Regional by 7.4% during the 1st quarter. Renaissance Technologies LLC now owns 364,071 shares of the basic materials company’s stock valued at $954,000 after purchasing an additional 25,000 shares during the last quarter. Jane Street Group LLC grew its holdings in ALJ Regional by 1,034.1% during the 1st quarter. Jane Street Group LLC now owns 115,688 shares of the basic materials company’s stock valued at $303,000 after purchasing an additional 105,487 shares during the last quarter. Dimensional Fund Advisors LP bought a new position in ALJ Regional during the 1st quarter valued at about $234,000. Finally, Advisor Group Holdings Inc. grew its holdings in ALJ Regional by 4,200.0% during the 1st quarter. Advisor Group Holdings Inc. now owns 60,200 shares of the basic materials company’s stock valued at $158,000 after purchasing an additional 58,800 shares during the last quarter. 9.89% of the stock is currently owned by institutional investors.

About ALJ Regional

(Get Rating)

ALJ Regional Holdings, Inc provides call center, back-office, staffing, and toll collection services to government and commercial clients in the healthcare, utility, toll, transportation, and toll revenue collection industries in the United States. It operates through two segments, Faneuil and Phoenix.

See Also

Receive News & Ratings for ALJ Regional Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ALJ Regional and related companies with MarketBeat.com's FREE daily email newsletter.