Associated British Foods plc (OTCMKTS:ASBFY – Get Free Report)’s share price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $30.96 and traded as low as $30.80. Associated British Foods shares last traded at $30.95, with a volume of 13,801 shares trading hands.
Associated British Foods Trading Up 1.5 %
The stock’s 50 day moving average is $30.96 and its 200 day moving average is $31.84. The company has a current ratio of 1.79, a quick ratio of 0.91 and a debt-to-equity ratio of 0.29.
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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