Jamba Inc. (NASDAQ:JMBA)’s share price was up 4% on Monday . The stock traded as high as $10.68 and last traded at $10.63, with a volume of 64,073 shares. The stock had previously closed at $10.22.

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

The company has a market cap of $164.19 million and a P/E ratio of 20.72. The company has a 50-day moving average price of $10.68 and a 200 day moving average price of $12.20.

Jamba (NASDAQ:JMBA) last posted its quarterly earnings results on Thursday, May 5th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.04) by $0.04. During the same quarter in the prior year, the company earned ($0.11) earnings per share. The business earned $18.80 million during the quarter, compared to the consensus estimate of $18.41 million. The business’s quarterly revenue was down 64.2% compared to the same quarter last year. On average, 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 increased its stake 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 approximately 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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