San Miguel (OTCMKTS:JBFCY) Trading 3.3% Higher

San Miguel Corporation (OTCMKTS:JBFCY)’s stock price rose 3.3% on Friday . The stock traded as high as $10.45 and last traded at $10.45, approximately 106 shares traded hands during trading. A decline of 89% from the average daily volume of 961 shares. The stock had previously closed at $10.12.

Separately, Daiwa Capital Markets raised San Miguel from a “hold” rating to an “outperform” rating in a research note on Monday, June 8th.

The company has a fifty day moving average of $11.28.

About San Miguel (OTCMKTS:JBFCY)

Jollibee Foods Corporation, doing business as Jollibee, together with its subsidiaries, 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, Hard Rock Cafe, Dunkin' Donuts, Smashburger, Tim Ho Wan, The Coffee Bean & Tea Leaf, Panda Express, and Tortas Frontera names.

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