Jamba Inc. (NASDAQ:JMBA) saw unusually-high trading volume on Thursday . Approximately 86,771 shares changed hands during mid-day trading, an increase of 9% from the previous session’s volume of 79,855 shares.The stock last traded at $10.03 and had previously closed at $10.11.

Separately, Zacks Investment Research cut Jamba from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 10th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Jamba currently has an average rating of “Hold” and a consensus price target of $16.00.

The company has a market capitalization of $154.23 million and a P/E ratio of 19.47. The stock’s 50 day moving average is $10.69 and its 200 day moving average is $12.24.

Jamba (NASDAQ:JMBA) last posted its quarterly earnings results on Thursday, May 5th. The company reported ($0.08) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.04) by $0.04. The company earned $18.80 million during the quarter, compared to analysts’ expectations of $18.41 million. During the same quarter in the previous year, the business posted ($0.11) EPS. Jamba’s quarterly revenue was down 64.2% on a year-over-year basis. On average, equities analysts anticipate that Jamba Inc. will post $0.18 earnings per share for the current year.

A hedge fund recently raised its stake in Jamba stock. Morgan Stanley raised its position in shares of Jamba Inc. (NASDAQ:JMBA) by 112.2% during the fourth quarter, Holdings Channel reports. The firm owned 1,192,219 shares of the company’s stock after buying an additional 630,361 shares during the period. Morgan Stanley owned 7.93% of Jamba worth $16,082,000 as of its most recent filing with the SEC.

Jamba, Inc is a restaurant retailer of specialty food and beverage offerings. The Company operates through retail segment. The Company’s offerings include whole fruit smoothies, squeezed juices and juice blends, Energy Bowls, and a range of food items including, hot oatmeal, breakfast wraps, sandwiches, Artisan Flatbreads, baked goods and snacks.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.