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

Jbs S.A. (OTCMKTS:JBSAY)’s stock price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $12.31 and traded as low as $11.35. JBS shares last traded at $11.57, with a volume of 85,556 shares trading hands.

JBS Stock Down 1.0 %

The company has a market capitalization of $12.83 billion, a PE ratio of 9.33 and a beta of 1.15. The company’s fifty day moving average is $12.31 and its 200-day moving average is $12.08. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.85 and a current ratio of 1.47.

JBS Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 27th. Stockholders of record on Tuesday, November 26th will be paid a $0.3468 dividend. The ex-dividend date of this dividend is Tuesday, November 26th. This represents a $1.39 dividend on an annualized basis and a dividend yield of 11.99%. JBS’s dividend payout ratio (DPR) is presently 83.06%.

About JBS

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.