Jollibee Foods (OTCMKTS:JBFCY) Shares Gap Up – What’s Next?

Jollibee Foods Co. (OTCMKTS:JBFCYGet Free Report)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $9.10, but opened at $9.67. Jollibee Foods shares last traded at $9.67, with a volume of 100 shares trading hands.

Jollibee Foods Trading Up 6.3%

The stock has a fifty day simple moving average of $9.80 and a 200-day simple moving average of $10.39.

Jollibee Foods (OTCMKTS:JBFCYGet Free Report) last issued its earnings results on Wednesday, September 16th. The company reported $0.19 earnings per share for the quarter. The business had revenue of $1.40 billion for the quarter. As a group, sell-side analysts predict that Jollibee Foods Co. will post 0.54 earnings per share for the current fiscal year.

About Jollibee Foods

(Get Free Report)

Jollibee Foods Corporation is a Philippine-based food service company that operates and franchises quick-service restaurants and other food retail concepts. Its flagship Jollibee brand serves chicken, burgers, noodles, rice meals, breakfast items, desserts and beverages, with operations in the Philippines and international markets.

The company’s portfolio also includes brands such as Chowking, a Chinese-style quick-service restaurant; Greenwich, which specializes in pizza and pasta; Red Ribbon, a bakery and cake business; and Mang Inasal, known for grilled chicken and Filipino dishes.

Further Reading

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