Zambeef Products - ZAM Share Forecast, Price & News

Zambeef Products PLC, together with its subsidiaries, engages in the agri-businesses in Zambia, West Africa, and internationally. The company engages in the production, processing, distribution, and retailing of beef, chicken, pork, milk, dairy products, eggs, edible oils, stock feed, and flour. It is also involved in the row cropping operations primarily maize, soya beans, and wheat with approximately 7,787 hectares of row crops under irrigation and 8,694 hectares of rain-fed/dry-land crops. In addition, the company engages in the palm tree plantation activities. As of June 16, 2022, the company operated 236 retail outlets directly to end-consumers in Zambia and West Africa. Further, it operates transport and trucking fleets; and produces, processes, and sells leather, shoes, and meat products, as well as engages in the chicken breeding business. The company was incorporated in 1994 and is headquartered in Lusaka, Zambia.

Zambeef Products Stock Performance

Shares of ZAM remained flat at GBX 9.63 ($0.12) during trading hours on Friday. 15,000 shares of the stock were exchanged, compared to its average volume of 81,812. The firm has a 50-day moving average of GBX 8.24 and a 200 day moving average of GBX 7.53. The company has a quick ratio of 0.30, a current ratio of 1.65 and a debt-to-equity ratio of 20.66. The stock has a market capitalization of £28.93 million and a P/E ratio of 320.83. Zambeef Products has a 1-year low of GBX 6 ($0.07) and a 1-year high of GBX 10 ($0.12).