JBS (OTCMKTS:JBSAY) Hits New 1-Year High – Time to Buy?

Jbs S.A. (OTCMKTS:JBSAY) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $14.81 and last traded at $14.53, with a volume of 64532 shares trading hands. The stock had previously closed at $14.56.

Wall Street Analysts Forecast Growth

Separately, Barclays restated an “overweight” rating on shares of JBS in a research report on Thursday, March 27th.

JBS Stock Down 0.2 %

The company has a current ratio of 1.47, a quick ratio of 0.85 and a debt-to-equity ratio of 1.80. The business has a fifty day moving average of $12.11 and a two-hundred day moving average of $12.08. The company has a market cap of $16.11 billion, a price-to-earnings ratio of 11.72 and a beta of 1.08.

JBS (OTCMKTS:JBSAY) last posted its earnings results on Tuesday, March 25th. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by ($0.19). The firm had revenue of $20.18 billion for the quarter, compared to analyst estimates of $115.12 billion. JBS had a return on equity of 14.29% and a net margin of 1.79%.

JBS Company Profile

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.