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Zambeef Products (LON:ZAM) Stock Passes Above Two Hundred Day Moving Average - What's Next?

Zambeef Products logo with Consumer Defensive background

Zambeef Products PLC (LON:ZAM - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 4.08 ($0.05) and traded as high as GBX 4.60 ($0.06). Zambeef Products shares last traded at GBX 4.60 ($0.06), with a volume of 74,540 shares.

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 firm has a market capitalization of £437.71 million, a PE ratio of 3.96 and a beta of -0.48. The company has a 50-day moving average price of GBX 4.48 and a 200-day moving average price of GBX 4.08.

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.

Further Reading

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