Jollibee Foods (OTCMKTS:JBFCY) Sees Large Volume Increase – What’s Next?

Jollibee Foods Co. (OTCMKTS:JBFCY) shares saw an uptick in trading volume on Monday. 19,434 shares changed hands during 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 Stock Down 5.6%

The company has a quick ratio of 0.69, a current ratio of 0.94 and a debt-to-equity ratio of 1.62. The stock has a market capitalization of $2.41 billion and a PE ratio of 14.83. The firm’s fifty day moving average is $9.33 and its 200-day moving average is $10.80.

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

Jollibee Foods Company Profile

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.