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

Zambeef Products PLC (LON:ZAMGet Free Report) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 4.19 ($0.05) and traded as high as GBX 4.50 ($0.06). Zambeef Products shares last traded at GBX 4.50 ($0.06), with a volume of 260,096 shares trading hands.

Zambeef Products Trading Up 1.1 %

The firm has a market capitalization of £480.41 million, a PE ratio of 4.35 and a beta of -0.48. The company has a quick ratio of 0.39, a current ratio of 1.08 and a debt-to-equity ratio of 48.34. The company’s 50-day simple moving average is GBX 4.21 and its 200 day simple moving average is GBX 4.19.

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.

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