JBS (OTCMKTS:JBSAY) Hits New 52-Week High – Here’s Why

Shares of Jbs S.A. (OTCMKTS:JBSAY) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $15.00 and last traded at $15.00, with a volume of 240606 shares traded. The stock had previously closed at $14.52.

Wall Street Analyst Weigh In

Separately, Barclays restated an “overweight” rating on shares of JBS in a report on Thursday, March 27th.

JBS Stock Up 3.3 %

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 firm’s 50 day simple moving average is $12.55 and its 200-day simple moving average is $12.24. The company has a market capitalization of $16.64 billion, a price-to-earnings ratio of 12.10 and a beta of 0.86.

JBS (OTCMKTS:JBSAY) last issued its quarterly earnings results on Tuesday, March 25th. The company reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.19). The firm had revenue of $20.18 billion for the quarter, compared to analysts’ expectations of $115.12 billion. JBS had a return on equity of 14.29% and a net margin of 1.79%.

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.