JBS (OTCMKTS:JBSAY) Shares Pass Below 50 Day Moving Average - Should You Sell?

Jbs S.A. (OTCMKTS:JBSAY - Get Free Report)'s stock price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $12.10 and traded as low as $11.78. JBS shares last traded at $11.78, with a volume of 31,238 shares traded.

JBS Stock Performance

The company has a market capitalization of $13.49 billion, a P/E ratio of 9.81 and a beta of 1.15. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.85 and a current ratio of 1.47. The business's fifty day simple moving average is $12.08 and its 200-day simple moving average is $12.08.

JBS Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, January 27th. Investors of record on Tuesday, November 26th were paid a dividend of $0.3468 per share. This represents a $1.39 dividend on an annualized basis and a yield of 11.41%. The ex-dividend date of this dividend was Tuesday, November 26th. JBS's payout ratio is presently 82.26%.

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.