Jollibee Foods (OTCMKTS:JBFCY) Shares Gap Up – Still a Buy?

Jollibee Foods Co. (OTCMKTS:JBFCY) shares gapped up before the market opened on Monday. The stock had previously closed at $8.7350, but opened at $9.37. Jollibee Foods shares last traded at $9.37, with a volume of 109 shares.

Jollibee Foods Trading Up 1.1%

The company has a fifty day simple moving average of $9.19 and a two-hundred day simple moving average of $10.62. The company has a current ratio of 0.94, a quick ratio of 0.69 and a debt-to-equity ratio of 1.62. The company has a market cap of $2.62 billion and a PE ratio of 15.97.

Jollibee Foods (OTCMKTS:JBFCY) last posted its quarterly earnings results on Wednesday, September 16th. The company reported $0.19 earnings per share (EPS) 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. Analysts anticipate that Jollibee Foods Co. will post 0.54 EPS for the current year.

Jollibee Foods Company Profile

Jollibee Foods Corporation is a Philippine restaurant company that operates and franchises quick-service restaurants and other food-service businesses. Its offerings include burgers, chicken meals, noodles, pizza, baked goods and beverages. The company’s portfolio includes Jollibee, Chowking, Greenwich, Red Ribbon, Mang Inasal and The Coffee Bean & Tea Leaf, among other brands. Jollibee Foods was established in 1978, beginning as an ice cream business before expanding into restaurants. Based in the Philippines, the company serves customers in its home market and international markets through company-operated restaurants and franchised locations.