Zambeef Products (LON:ZAM) Stock Price Passes Below 200-Day Moving Average – What’s Next?

Zambeef Products PLC (LON:ZAMGet Free Report)’s share price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 4.13 ($0.06) and traded as low as GBX 4 ($0.05). Zambeef Products shares last traded at GBX 4.40 ($0.06), with a volume of 186,655 shares changing hands.

Zambeef Products Price Performance

The company has a market cap of £13.23 million, a P/E ratio of 11.45 and a beta of -0.48. The stock has a 50-day simple moving average of GBX 3.90 and a 200 day simple moving average of GBX 4.13. The company has a debt-to-equity ratio of 48.34, a quick ratio of 0.39 and a current ratio of 1.08.

Zambeef Products Company Profile

(Get Free Report)

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.

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