JBS (OTCMKTS:JBSAY) Share Price Crosses Below Fifty Day Moving Average – Time to Sell?

Jbs S.A. (OTCMKTS:JBSAYGet 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 $11.93 and traded as low as $11.13. JBS shares last traded at $11.13, with a volume of 136,016 shares.

JBS Trading Down 7.1 %

The company has a market cap of $12.34 billion, a PE ratio of 8.98 and a beta of 1.15. 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 50 day simple moving average of $11.93 and a two-hundred day simple moving average 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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