Jamba (JMBA) Soars: Stock Adds 11.3% in Session - Tale of the Tape

Jamba, Inc. JMBA was a big mover last session, as the company saw its shares rise over 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $11.34 to $12.58 in the past one-month time frame.

The company has seen no estimate revision in the past 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Jamba currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

Other well performing retail restaurant stocks that are worth considering include BJ's Restaurants, Inc. BJRI, Chipotle Mexican Grill, Inc. CMG and Denny's Corporation DENN. While BJ's Restaurants and Chipotle Mexican Grill sport the same Zacks Rank as Jamba, Denny's has a Zacks Rank #2 (Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
JAMBA INC JMBA: Free Stock Analysis Report
 
BJ'S RESTAURANT BJRI: Free Stock Analysis Report
 
CHIPOTLE MEXICN CMG: Free Stock Analysis Report
 
DENNY'S CORP DENN: Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Movers & ShakersGeneral
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!