Somewhat Favorable Media Coverage Somewhat Unlikely to Affect J Alexanders (JAX) Stock Price
News headlines about J Alexanders (NYSE:JAX) have trended somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. J Alexanders earned a daily sentiment score of 0.24 on Accern’s scale. Accern also assigned media stories about the company an impact score of 46.469516799752 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Separately, Zacks Investment Research cut J Alexanders from a “buy” rating to a “hold” rating in a research report on Thursday, May 31st.
J Alexanders stock traded down $0.20 during midday trading on Friday, reaching $10.80. The company had a trading volume of 733 shares, compared to its average volume of 43,161. The firm has a market capitalization of $160.91 million, a PE ratio of 20.38 and a beta of -0.18. J Alexanders has a 12-month low of $8.70 and a 12-month high of $12.80. The company has a current ratio of 0.60, a quick ratio of 0.50 and a debt-to-equity ratio of 0.08.
About J Alexanders
J. Alexander's Holdings, Inc, through its subsidiaries, owns and operates full service restaurants in the United States. It operates four complementary upscale dining restaurant concepts, including J. Alexander's, Redlands Grill, Lyndhurst Grill, and Stoney River Steakhouse and Grill (Stoney River).
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