Jollibee Foods (OTCMKTS:JBFCY) Sets New 1-Year Low – Here’s Why

Shares of Jollibee Foods Co. (OTCMKTS:JBFCY) reached a new 52-week low on Monday . The company traded as low as $8.1450 and last traded at $8.44, with a volume of 1282 shares changing hands. The stock had previously closed at $9.0480.

Analyst Ratings Changes

Separately, Zacks Research raised Jollibee Foods to a “hold” rating in a research report on Wednesday, May 13th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Jollibee Foods Trading Down 7.7%

The stock has a 50 day moving average of $9.94 and a 200-day moving average of $12.19. The company has a market capitalization of $2.34 billion and a P/E ratio of 0.49.

Jollibee Foods Company Profile

Jollibee Foods Corporation is a multinational quick-service restaurant operator based in the Philippines. The company’s flagship brand, Jollibee, specializes in fried chicken, hamburgers, spaghetti, and rice dishes, catering to a wide range of flavor profiles that blend Western and Filipino tastes. Through a franchising and company-owned model, Jollibee Foods serves both dine-in and take-out customers, supported by in-store dining facilities, drive-through lanes, and delivery partnerships.

Beyond its core Jollibee brand, the company’s diversified portfolio includes Chowking (Chinese-style fast food), Greenwich (Italian-inspired pizzas and pasta), Red Ribbon (baked goods and pastries), Mang Inasal (Filipino grilled chicken), Yonghe King and Hong Zhuang Yuan (Chinese cuisines), and Smashburger (American-style burgers).