JBS (OTCMKTS:JBSAY) Stock Passes Below 50 Day Moving Average – Should You Sell?

Shares of Jbs S.A. (OTCMKTS:JBSAYGet Free Report) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $11.93 and traded as low as $11.13. JBS shares last traded at $11.13, with a volume of 136,016 shares changing hands.

JBS Stock Down 7.1 %

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 company has a market cap of $12.34 billion, a P/E ratio of 8.98 and a beta of 1.15. The stock has a 50 day moving average price of $11.93 and a 200 day moving average price of $12.12.

About JBS

(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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