Jollibee Foods (OTCMKTS:JBFCY) Shares Gap Up – What’s Next?

Jollibee Foods Co. (OTCMKTS:JBFCYGet Free Report)’s share price gapped up before the market opened on Friday . The stock had previously closed at $9.10, but opened at $9.67. Jollibee Foods shares last traded at $9.67, with a volume of 100 shares traded.

Jollibee Foods Stock Up 6.3%

The firm has a 50 day moving average price of $9.80 and a 200-day moving average price of $10.39.

Jollibee Foods (OTCMKTS:JBFCYGet Free Report) last posted its quarterly earnings results on Wednesday, September 16th. The company reported $0.19 earnings per share (EPS) for the quarter. The company had revenue of $1.40 billion during the quarter. Analysts anticipate that Jollibee Foods Co. will post 0.54 EPS for the current year.

Jollibee Foods Company Profile

(Get Free Report)

Jollibee Foods Corporation is a Philippine-based food service company that operates and franchises quick-service restaurants and other food retail concepts. Its flagship Jollibee brand serves chicken, burgers, noodles, rice meals, breakfast items, desserts and beverages, with operations in the Philippines and international markets.

The company’s portfolio also includes brands such as Chowking, a Chinese-style quick-service restaurant; Greenwich, which specializes in pizza and pasta; Red Ribbon, a bakery and cake business; and Mang Inasal, known for grilled chicken and Filipino dishes.

Further Reading

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