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Zambeef Products (LON:ZAM) Stock Crosses Above 200 Day Moving Average - Should You Sell?

Zambeef Products logo with Consumer Defensive background

Zambeef Products PLC (LON:ZAM - Get Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 4.04 ($0.06) and traded as high as GBX 4.20 ($0.06). Zambeef Products shares last traded at GBX 4.20 ($0.06), with a volume of 178 shares traded.

Zambeef Products Stock Performance

The firm has a market capitalization of £448.38 million, a P/E ratio of 4.06 and a beta of -0.48. The stock has a 50-day moving average of GBX 4.11 and a 200 day moving average of GBX 4.04. The company has a debt-to-equity ratio of 48.34, a quick ratio of 0.39 and a current ratio of 1.08.

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.

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