Jollibee Foods (OTCMKTS:JBFCY) Posts Quarterly Earnings Results

Jollibee Foods (OTCMKTS:JBFCY) announced its earnings results on Friday. The company reported $0.18 earnings per share for the quarter, Zacks reports. Jollibee Foods had a net margin of 3.16% and a return on equity of 14.04%.

Jollibee Foods Trading Down 0.9%

OTCMKTS:JBFCY traded down $0.09 during mid-day trading on Friday, hitting $9.56. 814 shares of the stock traded hands, compared to its average volume of 3,685. The stock has a market capitalization of $2.68 billion and a price-to-earnings ratio of 16.48. Jollibee Foods has a 52 week low of $8.14 and a 52 week high of $16.03. The firm’s 50 day moving average is $9.17 and its two-hundred day moving average is $10.58. The company has a quick ratio of 0.69, a current ratio of 0.94 and a debt-to-equity ratio of 1.62.

About Jollibee Foods

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.