Jollibee Foods (OTCMKTS:JBFCY) Sees Strong Trading Volume – Should You Buy?

Jollibee Foods Co. (OTCMKTS:JBFCY) shares saw unusually-strong trading volume on Monday. Approximately 19,434 shares changed hands during mid-day trading, an increase of 436% from the average daily volume of 3,627 shares. The stock last traded at $8.60 and had previously closed at $9.0855.

Jollibee Foods Trading Down 5.6%

The stock has a market cap of $2.41 billion and a price-to-earnings ratio of 14.83. The business’s 50 day moving average is $9.33 and its 200 day moving average is $10.80. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.94 and a quick ratio of 0.69.

Jollibee Foods (OTCMKTS:JBFCY) last announced its quarterly earnings results on Wednesday, September 16th. The company reported $0.19 earnings per share (EPS) for the quarter. The company had revenue of $1.40 billion during the quarter. Jollibee Foods had a return on equity of 14.04% and a net margin of 3.16%. As a group, equities analysts expect that Jollibee Foods Co. will post 0.54 earnings per share for the current fiscal year.

About Jollibee Foods

Jollibee Foods Corporation (OTCMKTS:JBFCY) is a Philippine-based food service company that operates and franchises quick-service restaurants, coffee shops and other restaurant concepts. Its flagship Jollibee brand is known for products such as fried chicken, burgers, sweet-style spaghetti, breakfast meals and other Filipino-inspired menu items.

The company’s portfolio also includes brands such as Chowking, Mang Inasal, Greenwich, Red Ribbon, The Coffee Bean & Tea Leaf and Highlands Coffee, along with other regional and international concepts.