Shares of Jamba Inc. (NASDAQ:JMBA) saw unusually-high trading volume on Friday . Approximately 98,729 shares were traded during trading, an increase of 45% from the previous session’s volume of 68,244 shares.The stock last traded at $10.80 and had previously closed at $10.94.

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

The company has a 50 day moving average of $10.44 and a 200 day moving average of $11.97. The stock has a market cap of $162.98 million and a PE ratio of 20.57.

Jamba (NASDAQ:JMBA) last posted its quarterly earnings data on Thursday, May 5th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by $0.04. During the same quarter last year, the firm posted ($0.11) EPS. The firm had revenue of $18.80 million for the quarter, compared to the consensus estimate of $18.41 million. The business’s revenue for the quarter was down 64.2% on a year-over-year basis. Equities analysts expect that Jamba Inc. will post $0.18 EPS for the current year.

An institutional investor recently raised its position in Jamba stock. Morgan Stanley raised its position in shares of Jamba Inc. (NASDAQ:JMBA) by 112.2% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 1,192,219 shares of the company’s stock after buying an additional 630,361 shares during the period. Morgan Stanley owned about 7.93% of Jamba worth $16,082,000 at the end of the most recent reporting period.

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.

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