Zambeef Products (LON:ZAM) Stock Crosses Above 200 Day Moving Average – Should You Sell?

Zambeef Products PLC (LON:ZAMGet Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 4.04 ($0.06) and traded as high as GBX 4.20 ($0.06). Zambeef Products shares last traded at GBX 4.20 ($0.06), with a volume of 178 shares trading hands.

Zambeef Products Trading Up 3.7%

The stock has a market capitalization of £448.38 million, a P/E ratio of 4.06 and a beta of -0.48. The company has a debt-to-equity ratio of 48.34, a current ratio of 1.08 and a quick ratio of 0.39. The business’s 50 day simple moving average is GBX 4.11 and its 200-day simple moving average is GBX 4.04.

About Zambeef Products

(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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