Zambeef Products PLC (LON:ZAM – Get Free Report)’s stock price passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of GBX 4.96 and traded as low as GBX 4.50. Zambeef Products shares last traded at GBX 4.50, with a volume of 91,224 shares traded.
Zambeef Products Price Performance
The company has a debt-to-equity ratio of 38.21, a quick ratio of 0.39 and a current ratio of 0.93. The firm has a market cap of £30.45 million, a price-to-earnings ratio of 0.08 and a beta of -0.48. The stock’s 50 day simple moving average is GBX 5.13 and its 200-day simple moving average is GBX 4.96.
About Zambeef Products
Zambeef Products PLC, together with its subsidiaries, engages in the agri-businesses in Zambia, Nigeria, and Ghana. It operates through Retailing and Cold Chain Food Products and Cropping and Milling segments. The company engages in the production, processing, distribution, and retailing of beef, chicken, pork, milk, dairy products, eggs, edible oils, stock feed, and flour. It is also involved in the row cropping operations primarily maize, soya beans, and wheat with approximately 14,530 hectares of row crops under irrigation and 7,924 hectares of rain-fed/dry-land crops.
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