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).
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