What’s Propelling JAKKS Pacific, Inc. (JAKK) to Reach All-Time Low?

JAKKS Pacific, Inc. (NASDAQ:JAKK) Logo

The stock of JAKKS Pacific, Inc. (NASDAQ:JAKK) reached all time low today, May, 17 and still has $0.71 target or 5.00 % below today’s $0.75 share price. This indicates more downside for the $17.82M company. This technical setup was reported by Barchart.com. If the $0.71 PT is reached, the company will be worth $891,100 less.
Trading stocks at an all time low is not easy. Stock at an all time low usually experience even more downside due to very negative fundament. Even thought the pullback rate is high, shorting is not an easy job because the risk of being wrong is big and the risk-reward ratio is always worse than if trading lon only.

The stock decreased 16.67% or $0.15 during the last trading session, reaching $0.75. About 59,935 shares traded. JAKKS Pacific, Inc. (NASDAQ:JAKK) has declined 33.48% since May 17, 2018 and is downtrending. It has underperformed by 37.85% the S&P500.

More notable recent JAKKS Pacific, Inc. (NASDAQ:JAKK) news were published by: Seekingalpha.com which released: “JAKKS Pacific, Inc. (JAKK) CEO Stephen Berman on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” on October 25, 2018, also Businesswire.com with their article: “JAM Media Taps JAKKS Pacific as Master Toy Partner for Becca’s Bunch – Business Wire” published on October 02, 2018, Businesswire.com published: “JAKKS Pacific Launches FanHeads – Business Wire” on August 09, 2018. More interesting news about JAKKS Pacific, Inc. (NASDAQ:JAKK) were released by: Businesswire.com and their article: “JAKKS Pacific Announces Update on Special Committee Process – Business Wire” published on March 26, 2018 as well as Nasdaq.com‘s news article titled: “Hasbro’s Shares Gain 2.4% in 6 Months: More Room to Run? – Nasdaq” with publication date: August 21, 2018.

JAKKS Pacific, Inc. develops, produces, and markets consumer products worldwide. The company has market cap of $17.82 million. It operates through three divisions: U.S. and Canada, International, and Halloween. It currently has negative earnings. The firm offers action figures and accessories, including licensed characters; toy vehicles and accessories; electronics products, such as spy products and video games; dolls and accessories, including small dolls, large dolls, fashion dolls, and baby dolls based on licenses, as well as infant and pre-school toys; private label products; foot-to-floor ride-on toys, inflatable environments, tents, and wagons; and pet products, including toys, consumables, and accessories.

JAKKS Pacific, Inc. (NASDAQ:JAKK) Ratings Chart

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