JBS (OTCMKTS:JBSAY) Share Price Passes Below Fifty Day Moving Average – Here’s What Happened

JBS SA (OTCMKTS:JBSAYGet Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $14.44 and traded as low as $13.8950. JBS shares last traded at $14.44, with a volume of 259,253 shares changing hands.

JBS Stock Up 2.8%

The business’s fifty day moving average price is $14.44 and its 200-day moving average price is $14.58. The company has a current ratio of 1.54, a quick ratio of 0.76 and a debt-to-equity ratio of 2.00.

JBS (OTCMKTS:JBSAYGet Free Report) last issued its quarterly earnings data on Wednesday, August 13th. The company reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.30 by $0.23. The firm had revenue of $21 billion during the quarter, compared to analysts’ expectations of $115.43 billion. JBS had a net margin of 2.65% and a return on equity of 25.31%.

JBS Company Profile

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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.

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