JBS (OTCMKTS:JBSAY) Share Price Crosses Below 50 Day Moving Average – Here’s Why

by · The Cerbat Gem

Jbs S.A. (OTCMKTS:JBSAY – Get Free Report)’s stock price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $12.20 and traded as low as $12.04. JBS shares last traded at $12.40, with a volume of 27,175 shares trading hands.

JBS Stock Down 0.8 %

The firm has a market capitalization of $13.34 billion, a P/E ratio of 31.66 and a beta of 1.14. The company has a fifty day simple moving average of $12.17 and a 200 day simple moving average of $11.19. The company has a quick ratio of 0.89, a current ratio of 1.62 and a debt-to-equity ratio of 1.94.

JBS (OTCMKTS:JBSAY – Get Free Report) last posted its quarterly earnings results on Tuesday, August 13th. The company reported $0.30 earnings per share (EPS) for the quarter. JBS had a return on equity of 8.34% and a net margin of 1.05%. The firm had revenue of $19.30 billion during the quarter, compared to analyst estimates of $18.95 billion.

JBS Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, October 17th. Stockholders of record on Monday, August 26th were issued a dividend of $0.7106 per share. This is a boost from JBS’s previous dividend of $0.40. The ex-dividend date of this dividend was Monday, August 26th. JBS’s dividend payout ratio is presently 186.84%.

JBS Company Profile

(Get Free Report)

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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