Jollibee Foods (OTCMKTS:JBFCY) Stock Price Down 6% – Here’s Why

Shares of Jollibee Foods Co. (OTCMKTS:JBFCYGet Free Report) traded down 6% during mid-day trading on Thursday . The stock traded as low as $17.45 and last traded at $17.45. 229 shares changed hands during trading, a decline of 61% from the average session volume of 583 shares. The stock had previously closed at $18.57.

Jollibee Foods Stock Performance

The stock has a 50-day moving average price of $17.75 and a 200 day moving average price of $16.28.

Jollibee Foods Company Profile

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Jollibee Foods Corporation develops, operates, and franchises quick service restaurants. The company operates quick-service restaurants under the Jollibee, Chowking, Greenwich, Red Ribbon, Yong He King, Hong Zhuang Yuan, Mang Inasal, Burger King, Highlands Coffee, PHO24, Smashburger, Tim Ho Wan, Tortazo, The Coffee Bean & Tea Leaf, Yoshinoya, Milksha, and Panda Express names in the Philippines, the United States, Canada, the People's Republic of China, the United Kingdom, Italy, Spain, Vietnam, Brunei, Singapore, Saudi Arabia, the United Arab Emirates, Qatar, Oman, Kuwait, Bahrain, Indonesia, Costa Rica, Egypt, Panama, Malaysia, South Korea, Australia, and India.

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