JBS (OTCMKTS:JBSAY) Stock Crosses Above 50 Day Moving Average of $8.91

Jbs S.A. (OTCMKTS:JBSAY)’s stock price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $8.91 and traded as high as $9.55. JBS shares last traded at $9.55, with a volume of 159,706 shares traded.

JBS Price Performance

The company’s 50-day simple moving average is $8.91 and its 200 day simple moving average is $9.14. The company has a market capitalization of $10.48 billion, a P/E ratio of -56.17 and a beta of 0.98. The company has a quick ratio of 0.95, a current ratio of 1.64 and a debt-to-equity ratio of 1.97.

JBS (OTCMKTS:JBSAY) last released its quarterly earnings data on Wednesday, March 27th. The company reported $0.02 earnings per share (EPS) for the quarter. The business had revenue of $19.45 billion during the quarter, compared to analyst estimates of $18.68 billion. JBS had a negative net margin of 0.27% and a negative return on equity of 2.13%.

About JBS

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.