JB Hi-Fi (ASX:JBH) Stock Price Passes Below 50-Day Moving Average of $27.08

JB Hi-Fi Limited (ASX:JBH) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $27.08 and traded as low as $27.95. JB Hi-Fi shares last traded at $28.44, with a volume of 1,722,279 shares changing hands.

The company has a market cap of $3.27 billion and a PE ratio of 13.66. The stock’s fifty day moving average price is A$27.10. The company has a quick ratio of 0.33, a current ratio of 1.18 and a debt-to-equity ratio of 31.35.

JB Hi-Fi Company Profile (ASX:JBH)

JB Hi-Fi Limited, together with its subsidiaries, retails home consumer products. It operates through three segments: JB Hi-Fi Australia, JB Hi-Fi New Zealand, and The Good Guys. The company offers consumer electronics products and services, including televisions, audio equipment, computers, and cameras; telecommunications products and services; music, game, and movie software products, such as CDs, DVDs, Blu-ray discs, and games; musical instruments; and whitegoods, cooking products, heating and cooling products, small appliances, and kitchen accessories.

Read More: When can a hold rating present a buying opportunity?

Receive News & Ratings for JB Hi-Fi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JB Hi-Fi and related companies with MarketBeat.com's FREE daily email newsletter.