Jamba Inc. (JMBA) Moves Higher on Volume Spike for May 14

Equities Staff  |

Jamba Inc. (JMBA) traded on unusually high volume on May. 14, as the stock gained 5.43% to close at $9.71. On the day, Jamba Inc. saw 55,331 shares trade hands on 415 trades. Considering that the stock averages only a daily volume of 35,631 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 $10.38 and $6.71 over the last 52-weeks, its 50-day SMA is now $9.04, and its 200-day SMA $8.70. Jamba Inc. has a P/B ratio of -10.91.

Jamba Inc owns, franchises and operates food stores. The company is a retailer of blended-to-order fruit smoothies, squeezed-to-order juices, blended beverages and snacks.

Headquartered in Frisco, TX, Jamba Inc. has 1,177 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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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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