JBS (OTCMKTS:JBSAY) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

JBS SA (OTCMKTS:JBSAYGet Free Report)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $14.44 and traded as high as $15.50. JBS shares last traded at $14.44, with a volume of 259,253 shares changing hands.

JBS Price Performance

The business has a fifty day moving average price of $14.44 and a 200-day moving average price of $14.44. The company has a current ratio of 1.60, a quick ratio of 0.84 and a debt-to-equity ratio of 2.09.

JBS Company Profile

(Get Free Report)

JBS SA is a global leader in the meat processing industry, primarily engaged in the production of beef, pork and poultry products. Headquartered in São Paulo, Brazil, the company operates across the entire protein value chain, from livestock procurement and slaughtering to processing, packaging and distribution. Through its subsidiaries, JBS serves retail, food service and branded product customers in key markets worldwide.

The company’s extensive product portfolio includes fresh, frozen and processed meat products under various well-known brands.

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