JBS (OTCMKTS:JBSAY) Stock Price Passes Above 50 Day Moving Average – What’s Next?

JBS SA (OTCMKTS:JBSAY – Get Free Report) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $14.44 and traded as high as $15.50. JBS shares last traded at $14.44, with a volume of 259,253 shares.

JBS Trading Up 2.8%

The company has a fifty day moving average of $14.44 and a 200 day moving average of $14.44. The company has a quick ratio of 0.84, a current ratio of 1.60 and a debt-to-equity ratio of 2.09.

About JBS

(Get Free Report)

JBS SA is a global leader in the meat processing industry, primarily engaged in the production of beef, pork and poultry products. Headquartered in São Paulo, Brazil, the company operates across the entire protein value chain, from livestock procurement and slaughtering to processing, packaging and distribution. Through its subsidiaries, JBS serves retail, food service and branded product customers in key markets worldwide.

The company’s extensive product portfolio includes fresh, frozen and processed meat products under various well-known brands.

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