JBS (OTCMKTS:JBSAY) Shares Pass Below Fifty Day Moving Average – Should You Sell?

Shares of Jbs S.A. (OTCMKTS:JBSAY) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $12.39 and traded as low as $11.55. JBS shares last traded at $12.08, with a volume of 27,287 shares trading hands.

JBS Stock Down 1.9 %

The stock has a market cap of $13.14 billion, a PE ratio of 9.56 and a beta of 1.15. The business has a 50 day moving average price of $12.38 and a 200 day moving average price of $12.05. The company has a quick ratio of 0.85, a current ratio of 1.47 and a debt-to-equity ratio of 1.80.

JBS Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, January 27th. Investors of record on Tuesday, November 26th will be issued a dividend of $0.3468 per share. This represents a $1.39 dividend on an annualized basis and a yield of 11.71%. The ex-dividend date is Tuesday, November 26th. JBS’s dividend payout ratio (DPR) is presently 83.06%.

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.