JAKKS Pacific, Inc. (NASDAQ:JAKK)’s stock price shot up 5.9% on Monday . The stock traded as high as $1.21 and last traded at $1.07, 609,688 shares changed hands during mid-day trading. An increase of 653% from the average session volume of 80,982 shares. The stock had previously closed at $1.01.
Several brokerages recently weighed in on JAKK. Jefferies Financial Group set a $1.00 price target on shares of JAKKS Pacific and gave the stock a “hold” rating in a report on Friday, August 23rd. ValuEngine upgraded shares of JAKKS Pacific from a “sell” rating to a “hold” rating in a report on Friday, November 29th.
The firm has a market cap of $35.56 million, a price-to-earnings ratio of -0.82 and a beta of 1.44. The business’s 50 day moving average price is $0.88 and its 200 day moving average price is $0.81. The company has a debt-to-equity ratio of 9.01, a quick ratio of 1.18 and a current ratio of 1.44.
An institutional investor recently raised its position in JAKKS Pacific stock. Bank of America Corp DE lifted its position in shares of JAKKS Pacific, Inc. (NASDAQ:JAKK) by 65.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,592,655 shares of the company’s stock after purchasing an additional 1,021,015 shares during the quarter. Bank of America Corp DE owned 9.71% of JAKKS Pacific worth $1,815,000 as of its most recent SEC filing. Institutional investors and hedge funds own 31.34% of the company’s stock.
JAKKS Pacific Company Profile (NASDAQ:JAKK)
JAKKS Pacific, Inc develops, produces, and markets consumer products worldwide. The company operates through three segments: U.S. and Canada, International, and Halloween. It offers action figures and accessories, such as licensed characters; toy vehicles and accessories; dolls and accessories, including small, large, fashion, and baby dolls based on licenses, as well as infant and pre-school products; private label products; and foot-to-floor ride-on products, inflatable environments, tents, and wagons.
Featured Article: How does inflation affect different investments?
Receive News & Ratings for JAKKS Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JAKKS Pacific and related companies with MarketBeat.com's FREE daily email newsletter.