NEW YORK (
Jack In The Box
) is trading at unusually high volume Thursday with 2.1 million shares changing hands. It is currently at 4.1 times its average daily volume and trading up $1.17 (+5.5%) at $22.25 as of 2:51 p.m. ET.
Jack In The Box has a market cap of $1 billion and is part of the
industry. Shares are down 0.2% year to date as of the close of trading on Wednesday.
Jack in the Box Inc. operates as a restaurant company that operates and franchises Jack in the Box restaurants. These restaurants are hamburger chains, with approximately 2,200 restaurants in 18 states. The company has a P/E ratio of 14.1, equal to the average leisure industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Jack In The Box as a
. The company's strengths can be seen in multiple areas, such as its increase in net income, attractive valuation levels, good cash flow from operations, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full
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