JBS (OTCMKTS:JBSAY) Share Price Crosses Below 50-Day Moving Average - What's Next?

Jbs S.A. (OTCMKTS:JBSAY - Get Free Report)'s share price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $14.80 and traded as low as $13.01. JBS shares last traded at $13.91, with a volume of 397,860 shares.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Stephens raised JBS to a "strong-buy" rating in a research note on Wednesday, May 28th. Barclays reiterated an "overweight" rating on shares of JBS in a report on Thursday, March 27th.

JBS Trading Up 1.4%

The company has a quick ratio of 0.85, a current ratio of 1.47 and a debt-to-equity ratio of 1.80. The firm's fifty day moving average is $14.79 and its two-hundred day moving average is $13.01. The firm has a market cap of $15.43 billion, a P/E ratio of 11.22 and a beta of 0.80.

JBS (OTCMKTS:JBSAY - Get Free Report) last announced its earnings results on Tuesday, May 13th. The company reported $0.46 earnings per share for the quarter, beating analysts' consensus estimates of $0.45 by $0.01. JBS had a net margin of 1.79% and a return on equity of 14.29%. The firm had revenue of $19.53 billion for the quarter, compared to analyst estimates of $18.67 billion.

JBS Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, January 12th. Shareholders of record on Monday, May 5th will be given a dividend of $0.6594 per share. The ex-dividend date is Friday, May 2nd. This represents a yield of 10.07%. JBS's payout ratio is 115.34%.

JBS Company Profile

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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