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

Shares of Zambeef Products PLC (LON:ZAMGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 4.27 ($0.06) and traded as high as GBX 4.45 ($0.06). Zambeef Products shares last traded at GBX 4.32 ($0.06), with a volume of 5,692 shares traded.

Zambeef Products Price Performance

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 company’s 50-day simple moving average is GBX 3.96 and its 200-day simple moving average is GBX 4.27. The stock has a market capitalization of £461.19 million, a price-to-earnings ratio of 4.17 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.

Further Reading

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