Jollibee Foods (OTCMKTS:JBFCY) Upgraded by Zacks Research to “Hold” Rating

Jollibee Foods (OTCMKTS:JBFCY) was upgraded by Zacks Research to a “hold” rating in a research note issued on Wednesday,Zacks.com reports.

Jollibee Foods Price Performance

Shares of OTCMKTS JBFCY opened at $9.44 on Wednesday. The company’s fifty day moving average price is $11.89 and its 200 day moving average price is $13.08. Jollibee Foods has a 1 year low of $8.94 and a 1 year high of $18.05.

Jollibee Foods Company Profile

Jollibee Foods Corporation is a multinational quick-service restaurant operator based in the Philippines. The company’s flagship brand, Jollibee, specializes in fried chicken, hamburgers, spaghetti, and rice dishes, catering to a wide range of flavor profiles that blend Western and Filipino tastes. Through a franchising and company-owned model, Jollibee Foods serves both dine-in and take-out customers, supported by in-store dining facilities, drive-through lanes, and delivery partnerships.

Beyond its core Jollibee brand, the company’s diversified portfolio includes Chowking (Chinese-style fast food), Greenwich (Italian-inspired pizzas and pasta), Red Ribbon (baked goods and pastries), Mang Inasal (Filipino grilled chicken), Yonghe King and Hong Zhuang Yuan (Chinese cuisines), and Smashburger (American-style burgers).