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

Zambeef Products logo with Consumer Defensive background

Shares of Zambeef Products PLC (LON:ZAM - Get Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 4.12 ($0.06) and traded as low as GBX 3.89 ($0.05). Zambeef Products shares last traded at GBX 3.89 ($0.05), with a volume of 8,608 shares.

Zambeef Products Price Performance

The business has a 50 day moving average of GBX 3.94 and a 200 day moving average of GBX 4.12. 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 company has a market cap of £401.41 million, a PE ratio of 3.63 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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