JBS (OTCMKTS:JBSAY) Shares Cross Below 50-Day Moving Average – Time to Sell?
by Tristan Rich · The Markets DailyJBS SA (OTCMKTS:JBSAY – Get Free Report)’s share price crossed below its 50-day moving average during trading on Wednesday . 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 traded.
JBS Stock Performance
The stock has a market capitalization of $16.01 billion and a PE ratio of 7.85. The company has a debt-to-equity ratio of 2.09, a quick ratio of 0.84 and a current ratio of 1.60. The firm has a 50 day moving average of $14.44 and a 200-day moving average of $14.44.
About JBS
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.