Jack in the Box Inc. (JACK) was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 16.56% since Feb 5.
This restaurateur witnessed one upward revision in the past 30 days. The Zacks Consensus Estimate however remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Jack in the Box has a Zacks Rank #2 (Buy), while its Earnings ESP is positive.
Investors interested in the sector may also consider stocks like Famous Dave's of America Inc. (DAVE), Fiesta Restaurant Group, Inc. (FRGI) and Brinker International, Inc. (EAT). While Famous Dave's of America and Fiesta Restaurant Group sport a Zacks Rank #1 (Strong Buy), Brinker International holds a Zacks Rank #2.
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