JBS (OTCMKTS:JBSAY) Stock Passes Below 50 Day Moving Average – Here’s What Happened

Jbs S.A. (OTCMKTS:JBSAYGet Free Report) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $12.20 and traded as low as $11.12. JBS shares last traded at $11.14, with a volume of 36,541 shares.

JBS Stock Performance

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 has a fifty day simple moving average of $12.16 and a two-hundred day simple moving average of $12.08.

JBS Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, January 27th. Investors of record on Tuesday, November 26th will be paid a $0.3468 dividend. This represents a $1.39 dividend on an annualized basis and a yield of 12.31%. The ex-dividend date is Tuesday, November 26th. JBS’s dividend payout ratio is currently 82.26%.

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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