ValuEngine Upgrades JBS S A/S (JBSAY) to “Buy”

ValuEngine upgraded shares of JBS S A/S (OTCMKTS:JBSAY) from a hold rating to a buy rating in a research note published on Wednesday, May 8th, ValuEngine reports.

Separately, Barclays cut shares of JBS S A/S from an overweight rating to an equal weight rating in a research note on Wednesday, April 3rd.

Shares of JBSAY traded down $0.26 during mid-day trading on Wednesday, reaching $10.93. 744 shares of the company’s stock were exchanged, compared to its average volume of 181,510. The company has a debt-to-equity ratio of 2.02, a current ratio of 1.88 and a quick ratio of 1.15. JBS S A/S has a 52-week low of $4.06 and a 52-week high of $12.10. The stock has a market cap of $14.46 billion, a price-to-earnings ratio of 66.25 and a beta of 0.98.

The company also recently announced an annual dividend, which will be paid on Friday, July 5th. Shareholders of record on Monday, May 13th will be paid a $0.001 dividend. The ex-dividend date of this dividend is Friday, May 10th. This represents a yield of 0.01%.

JBS S A/S Company Profile

JBS SA, a food company, processes and trades in animal protein worldwide. It offers beef, pork, chicken, and lamb products and by-products; food products; pet food and concentrates; and bresaola. The company also produces and commercializes steel cans, plastic resins, soap bases and bars, biodiesel, glycerin, fatty acid, collagen, and wrapper, as well as wet blue, semi-finished, and finished leather products; manages industrial residue; purchases and sells soybeans; and produces, cogenerates, and commercializes electric power.

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