Zambeef Products (LON:ZAM) Trading Up 9.8% – Should You Buy?

Shares of Zambeef Products PLC (LON:ZAMGet Free Report) were up 9.8% on Thursday . The company traded as high as GBX 4.50 ($0.06) and last traded at GBX 4.50 ($0.06). Approximately 200,172 shares traded hands during trading, a decline of 63% from the average daily volume of 540,702 shares. The stock had previously closed at GBX 4.10 ($0.05).

Zambeef Products Price Performance

The business has a 50-day moving average of GBX 3.62 and a two-hundred day moving average of GBX 4.35. The firm has a market cap of £475.07 million, a P/E ratio of 4.30 and a beta of -0.48. The company has a current ratio of 1.08, a quick ratio of 0.39 and a debt-to-equity ratio of 48.34.

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.

Recommended Stories

Receive News & Ratings for Zambeef Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zambeef Products and related companies with MarketBeat.com's FREE daily email newsletter.