Zambeef Products (LON:ZAM) Stock Passes Below 200 Day Moving Average – Should You Sell?

Zambeef Products PLC (LON:ZAMGet Free Report)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 4.93 ($0.06) and traded as low as GBX 3.25 ($0.04). Zambeef Products shares last traded at GBX 3.30 ($0.04), with a volume of 330 shares traded.

Zambeef Products Stock Performance

The firm has a market cap of £9.92 million, a price-to-earnings ratio of 330.00 and a beta of -0.48. The company has a debt-to-equity ratio of 44.46, a quick ratio of 0.39 and a current ratio of 1.04. The stock has a 50-day moving average of GBX 4 and a 200-day moving average of GBX 4.93.

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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