JBS (OTCMKTS:JBSAY) Shares Pass Below 50-Day Moving Average – What’s Next?

Jbs S.A. (OTCMKTS:JBSAY)’s stock price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $11.48 and traded as low as $10.89. JBS shares last traded at $10.95, with a volume of 207,989 shares trading hands.

JBS Price Performance

The stock has a market cap of $12.14 billion, a P/E ratio of 8.83 and a beta of 1.08. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.85 and a current ratio of 1.47. The business has a 50 day simple moving average of $11.48 and a 200-day simple moving average of $11.94.

About JBS

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.