Zambeef Products (LON:ZAM) Share Price Passes Above 200 Day Moving Average – Here’s What Happened

Zambeef Products PLC (LON:ZAMGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 4.80 and traded as high as GBX 5.20. Zambeef Products shares last traded at GBX 5, with a volume of 113,516 shares trading hands.

Zambeef Products Stock Performance

The company has a debt-to-equity ratio of 37.58, a quick ratio of 0.39 and a current ratio of 1.09. The company has a market capitalization of £15.03 million, a P/E ratio of 0.09 and a beta of -0.48. The business has a 50 day moving average of GBX 4.95 and a 200-day moving average of GBX 4.80.

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. It is also involved in the row cropping operations primarily maize, soya beans, and wheat with approximately 14,530 hectares of row crops under irrigation and 7,924 hectares of rain-fed/dry-land crops.

Featured 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.