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Zambeef Products (LON:ZAM) Stock Price Passes Above Two Hundred Day Moving Average - Here's Why

Zambeef Products logo with Consumer Defensive background

Zambeef Products PLC (LON:ZAM - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Monday . 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 4.30 ($0.06), with a volume of 50,100 shares traded.

Zambeef Products Stock Performance

The company has a current ratio of 1.08, a quick ratio of 0.39 and a debt-to-equity ratio of 48.34. The stock's 50 day moving average is GBX 4.51 and its 200 day moving average is GBX 4.08. The stock has a market capitalization of £491.09 million, a price-to-earnings ratio of 4.44 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.

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