Zambeef Products (LON:ZAM) Stock Passes Above Two Hundred Day Moving Average – What’s Next?

Zambeef Products PLC (LON:ZAMGet Free Report)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 4.32 and traded as high as GBX 4.90. Zambeef Products shares last traded at GBX 4.90, with a volume of 1,306 shares changing hands.

Zambeef Products Price Performance

The company has a quick ratio of 0.39, a current ratio of 1.08 and a debt-to-equity ratio of 48.34. The stock’s 50 day moving average price is GBX 4.84 and its two-hundred day moving average price is GBX 4.32. The firm has a market capitalization of £14.73 million, a price-to-earnings ratio of 0.13 and a beta of -0.48.

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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