Jack In The Box, Inc (NASDAQ:JACK) shares, rose in value on Friday, March 07, with the stock price up by 4.17% to the previous day’s close as strong demand from buyers drove the stock to $38.23.
Actively observing the price movement in the last trading, the stock closed the session at $36.70. Referring to stock’s 52-week performance, its high was $75.23, and the low was $32.69. On the whole, JACK has fluctuated by -8.72% over the past month.
With the market capitalization of Jack In The Box, Inc currently standing at about $720.95 million, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 1.76, with its dividend yield at 4.60%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.53B, with a low estimate of 333.43M and a high estimate of 354.32M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 345.54M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that JACK’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of JACK currently trading nearly 0.34% and -2.48% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 49.72, while the 7-day volatility ratio is showing 6.81% which for the 30-day chart, stands at 5.79%. Furthermore, Jack In The Box, Inc (JACK)’s beta value is 1.72, and its average true range (ATR) is 2.30.
A comparison of Jack In The Box, Inc (JACK) with its peers suggests the former has fared considerably weaker in the market. JACK showed an intraday change of 4.17% in last session, and over the past year, it shrunk by -48.66%%.
Data on historical trading for Jack In The Box, Inc (NASDAQ:JACK) indicates that the trading volumes over the past 3 months, they’ve averaged 677.04K. According to company’s latest data on outstanding shares, there are 18.85 million shares outstanding.
Nearly 3.34% of Jack In The Box, Inc’s shares belong to company insiders and institutional investors own 113.38% of the company’s shares. The stock has fallen by -8.19% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the JACK stock heading into the next quarter.
