Jack In The Box, Inc.: When The Timing Is Right, Sit Tight

Jack In The Box, Inc. (NASDAQ:JACK) price on Friday, April 19, rose 2.54% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $59.64.

A look at the stock’s price movement, the close in the last trading session was $58.16. The PE ratio in trailing twelve months stood at 10.48. Turning to its 52-week performance, $99.56 and $58.10 were the 52-week high and 52-week low respectively. Overall, JACK moved -16.25% over the past month.

Jack In The Box, Inc.’s market cap currently stands at around $1.17 billion. The company has a Forward Dividend ratio of 1.76, with its dividend yield at 2.95%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.

Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review(s). Turning to the stock’s technical picture we see that short term indicators suggest on average that JACK is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.

The technical evaluation for the stock shows the PEG ratio is 1.15, with JACK’s current price about -6.22% and -14.38% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 33.78, while 7-day volatility ratio is 3.41% and 3.13% in the 30-day chart. Further, Jack In The Box, Inc. (JACK) has a beta value of 1.81, and an average true range (ATR) of 2.01.

If we refocus on Jack In The Box, Inc. (NASDAQ:JACK), historical trading data shows that trading volumes averaged 410.75K over the past 3 months. The company’s latest data on shares outstanding shows there are 19.73 million shares.

The 2.30% of Jack In The Box, Inc.’s shares are in the hands of company insiders while institutional holders own 105.85% of the company’s shares. Current price change has pushed the stock -26.94% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the JACK stock continues to rise going into the next quarter.

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