Zambeef Products (LON:ZAM) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Zambeef Products PLC (LON:ZAMGet Free Report)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 4.14 ($0.05) and traded as high as GBX 4.55 ($0.06). Zambeef Products shares last traded at GBX 4.48 ($0.06), with a volume of 6,300 shares traded.

Zambeef Products Price Performance

The company’s 50-day simple moving average is GBX 4.40 and its 200-day simple moving average is GBX 4.13. The company has a debt-to-equity ratio of 48.34, a quick ratio of 0.39 and a current ratio of 1.08. The company has a market capitalization of £469.74 million, a PE ratio of 4.25 and a beta of -0.48.

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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