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

Jbs S.A. (OTCMKTS:JBSAY) shares passed below its fifty day moving average during trading on Thursday . The stock has a fifty 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 Trading Up 1.7 %

The company has a market cap of $13.40 billion, a price-to-earnings ratio of 9.74 and a beta of 1.15. The company has a current ratio of 1.47, a quick ratio of 0.85 and a debt-to-equity ratio of 1.80. The business’s 50 day moving average price is $12.39 and its 200-day moving average price is $12.04.

JBS Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 27th. Shareholders of record on Tuesday, November 26th will be given a dividend of $0.3468 per share. The ex-dividend date of this dividend is Tuesday, November 26th. This represents a $1.39 annualized dividend and a yield of 11.48%. 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.