Jbs S.A. (OTCMKTS:JBSAY – Get Free Report) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $12.13 and traded as high as $12.16. JBS shares last traded at $12.12, with a volume of 35,016 shares trading hands. JBS Price Performance The company has a market cap of $12.82 billion, a P/E ratio of 30.42 and a beta of 1.15. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.89 and a current ratio of 1.62. The firm’s fifty day moving average is $12.13 and its two-hundred day moving average is $10.72.
This is a significant drop from the $0.70 earnings per share reported in the same quarter last year. The company’s revenue also declined, falling to $10.4 billion from $11.7 billion in the previous year. **Key Takeaways:**
* **Earnings Decline:** JBS experienced a significant decline in both earnings per share and revenue compared to the previous year.
The company operates in over 20 countries, with a significant presence in North America, South America, and Europe. JBS is a global leader in the meat processing industry, holding a dominant market share in several key markets. JBS’s operations are characterized by a vertically integrated business model, meaning it controls the entire value chain from farm to table.
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