Jack in the Box (NASDAQ:JACK) traded today at a new 52-week high of $34.10. So far today approximately 158,000 shares have been exchanged, as compared to an average 30-day volume of 483,000 shares.
Jack in the Box (NASDAQ:JACK) has potential upside of 4.2% based on a current price of $33.95 and analysts' consensus price target of $35.38. The stock should find initial support at its 50-day moving average (MA) of $30.59 and further support at its 200-day MA of $27.85.
Over the past year, Jack in the Box has traded in a range of $18.25 to $34.10 and is now at $33.95, 86% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.9%.
Jack in the Box Inc. operates and franchises Jack In the Box fast-food restaurants primarily in the Western region of the United States. The Company's drive-thru restaurants offer hamburgers, specialty sandwiches, salads, Mexican food, finger foods, and side items.
