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Zambeef Products (LON:ZAM) Share Price Passes Below 200-Day Moving Average - Should You Sell?

Zambeef Products logo with Consumer Defensive background

Zambeef Products PLC (LON:ZAM - Get Free Report) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 4.14 ($0.05) and traded as low as GBX 3.80 ($0.05). Zambeef Products shares last traded at GBX 3.90 ($0.05), with a volume of 22 shares.

Zambeef Products Price Performance

The business has a 50-day simple moving average of GBX 3.91 and a two-hundred day simple moving average of GBX 4.14. The stock has a market capitalization of £401.73 million, a price-to-earnings ratio of 3.63 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.

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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