Jamba Inc. (JMBA) Moves Higher on Volume Spike for August 02

Equities Staff  |

Jamba Inc. (JMBA) traded on unusually high volume on Aug. 02, as the stock gained 15.83% to close at $12.95. On the day, Jamba Inc. saw 4.38 million shares trade hands on 6,007 trades. Considering that the stock averages only a daily volume of 38,653 shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $11.46 and $7.01 over the last 52-weeks, its 50-day SMA is now $10.54, and its 200-day SMA $9.09. Jamba Inc. has a P/B ratio of -17.27. It also has a P/E ratio of 499.4.

Jamba Inc owns, franchises and operates food stores. The company provides blended whole fruit and vegetable smoothies, bowls, juices, cold-pressed shots, boosts, snacks, and meal replacements.

Headquartered in Frisco, TX, Jamba Inc. has 933 employees and is currently under the leadership of CEO David A. Pace.

For a complete fundamental analysis analysis of Jamba Inc., check out Equities.com’s Stock Valuation Analysis report for JMBA.

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To get more information on Jamba Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: JMBA’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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