JBS (OTCMKTS:JBSAY) Sets New 1-Year High – Still a Buy?

Jbs S.A. (OTCMKTS:JBSAY)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $14.81 and last traded at $14.53, with a volume of 64532 shares traded. The stock had previously closed at $14.56.

Analyst Upgrades and Downgrades

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

JBS Trading Down 2.3 %

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 company has a market cap of $15.75 billion, a PE ratio of 11.45 and a beta of 0.86. The company has a fifty day simple moving average of $12.22 and a two-hundred day simple moving average of $12.11.

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

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.