JBS (OTCMKTS:JBSAY) Share Price Passes Below Fifty Day Moving Average – Here’s What Happened

Shares of JBS SA (OTCMKTS:JBSAYGet Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $14.44 and traded as low as $13.8950. JBS shares last traded at $14.44, with a volume of 259,253 shares traded.

JBS Stock Performance

The company has a debt-to-equity ratio of 2.00, a current ratio of 1.54 and a quick ratio of 0.76. The firm’s 50-day simple moving average is $14.44 and its 200 day simple moving average is $14.58.

JBS (OTCMKTS:JBSAYGet Free Report) last announced its quarterly earnings data on Wednesday, August 13th. The company reported $0.53 EPS for the quarter, topping the consensus estimate of $0.30 by $0.23. The business had revenue of $21 billion for the quarter, compared to analyst estimates of $115.43 billion. JBS had a net margin of 2.65% and a return on equity of 25.31%.

JBS Company Profile

(Get Free Report)

JBS SA, together with its subsidiaries, engages in the processing of animal protein worldwide. The company trades in beef, pork, chicken, poultry, fish, and lamb products; cooked frozen meat; plant based products; and other food products. It produces and commercializes leather, steel cans, plastic resin, personal care and cleaning products, and collagen, as well as wet blue leather, semi-finished, and finished leather products.

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