Associated British Foods plc (OTCMKTS:ASBFY – Get Free Report) shares hit a new 52-week high on Tuesday . The stock traded as high as $34.44 and last traded at $34.14, with a volume of 14816 shares changing hands. The stock had previously closed at $30.93.
Associated British Foods Stock Performance
The business’s fifty day simple moving average is $30.19 and its 200-day simple moving average is $28.99. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.83 and a quick ratio of 0.96.
Associated British Foods Company Profile
Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide. It operates through five segments: Grocery, Ingredients, Agriculture, Sugar, and Retail. The Grocery segment manufactures and sells grocery products, including hot beverages, sugar and sweeteners, vegetable oils, balsamic vinegars, bread and baked goods, cereals, ethnic foods, and meat products to retail, wholesale, and foodservice businesses.
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