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Are Cagey Traders Interested in ALJ Regional Holdings, Inc. (:ALJJ)?

ALJ Regional Holdings, Inc. (:ALJJ) are being monitored closely by investors today as the name is currently priced at $1.76, a 0.00% difference from where it most recently opened.  So where is the stock headed from here?  We will take a quick look here at how the stock has performed recently.

Individual investors have the tendency to migrate towards certain stock strategies that have been successful in the past. While following previous strategies may be profitable, investors have to be ready for sudden market changes. Most investors will rejoice when stocks in the portfolio catch a hot streak. On the opposite side, investors may become highly dejected when they experience a prolonged losing streak. Sometimes, previously successful strategies run their course and they no longer work. Investors may benefit greatly from being able to make adjustments when the market takes a turn for the worse. 

After a recent check, shares of ALJ Regional Holdings, Inc. (:ALJJ) have been seen trading -18.52% off of the 50-day high and 67.62% away from the 50-day low. In terms of the stock price in relation to its moving averages, company shares are -3.62% away from the 20-day moving average and 12.97% off of the 50-day average. If we take a wider approach, shares have been trading 2.16% away from the 200-day moving average.

Investing in the stock market has traditionally offered higher returns than other types of investments. With the higher potential for returns, there is also a higher risk factor. Investors typically need to address their own personal risk situation before jumping into the market. Figuring out risk appetite can help when choosing which types of stocks to buy. Some investors will decide that they want to take a chance on certain stocks that have the potential to outperform in the future. Other investors may opt to play it safe and build a portfolio with low risk, staple stocks. 

Over the last year, ALJ Regional Holdings, Inc. (:ALJJ)’s stock has performed
-27.47%. For the last six months, the stock has performed -13.33%. From the start of the calendar year, shares have been 29.01%. Zooming in closer, company stock has been 4.32% for the quarter, 15.75% over the past month, and -5.59% over the past week.

Investors who are new to picking stocks may find themselves tempted to buy shares that have been recently rising the most. Although the traditional advice is to buy low and sell high, novice investors often do just the opposite. Buying a particular stock just because it has been rising recently may end up leaving the investor shaking their head down the road. Expecting that a stock will continue to ride the wave higher can lead to disappointment when momentum suddenly shifts. Studying the fundamentals of a certain company can help the investor gauge if the stock is a worthy buy at current levels.

Disclaimer: The views, opinions, and information expressed in this article are those of the authors and do not necessarily reflect the official policy or position of any company stakeholders, financial professionals, or analysts. Examples of analysis performed within this article are only examples. They should not be utilized to make stock portfolio or financial decisions as they are based only on limited and open source information. Assumptions made within the analysis are not reflective of the position of any analysts or financial professionals.

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