BRF SA (ADR) (NYSE:BRFS) has been downgraded to Sell in a report by Zacks Investment Research today.
- Updated: September 26, 2016
Yesterday BRF SA (ADR) (NYSE:BRFS) traded -0.89% lower at $16.89. The company’s 50-day moving average is $16.73 and its 200-day moving average is $14.77. The last closing price is up 13.34% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 1,363,700 shares of the stock were exchanged, down from an average trading volume of 1,742,240
Zacks Investment Research has downgraded BRF SA (ADR) (NYSE:BRFS) to Sell in a report released on Monday September 26, 2016.
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BRF SA (ADR) has a 52 week low of $11.05 and a 52 week high of $18.33 with a PE ratio of 18.89 The company’s market cap is currently $0.
About BRF SA (ADR) (NYSE:BRFS)
BRF S.A. (BRF) is a food company that focuses on the production and sale of poultry, pork and processed foods. The Company produces fresh and frozen protein foods, with a portfolio of over four thousand stock keeping units (SKUs). It sells margarine, sweet specialties, sandwiches, mayonnaise and animal feed. The Company's operating segments include Brazil; Latin America (LATAM); Europe; Middle East and Africa (MEA), and Asia. The Company holds brands, such as Sadia, Perdigao, Qualy, Chester, Perdix and Paty. In the domestic market, it operates approximately 35 meat processing plants, three margarine processing plants, three pasta processing plants, one dessert processing plant and three soybean crushing plants. It is involved in the production and sale of whole poultry and in-natura cuts. It is involved in the production and sale of frozen and processed products derived from poultry, pork and beef and other processed foods, such as margarine and vegetable and soybean-based products.
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