JBS (OTCMKTS:JBSAY) Share Price Crosses Below 50 Day Moving Average – Here’s Why
by Jessica Moore · The Cerbat GemJbs 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
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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