Zambeef Products (LON:ZAM) Stock Price Crosses Above 200-Day Moving Average – Here’s Why

Zambeef Products PLC (LON:ZAMGet Free Report)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 4.14 ($0.05) and traded as high as GBX 4.55 ($0.06). Zambeef Products shares last traded at GBX 4.48 ($0.06), with a volume of 6,300 shares changing hands.

Zambeef Products Price Performance

The company has a current ratio of 1.08, a quick ratio of 0.39 and a debt-to-equity ratio of 48.34. The stock has a fifty day simple moving average of GBX 4.40 and a two-hundred day simple moving average of GBX 4.13. The company has a market cap of £469.74 million, a PE ratio of 4.25 and a beta of -0.48.

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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