Zambeef Products (LON:ZAM) Stock Passes Below Two Hundred Day Moving Average of $6.70

Zambeef Products PLC (LON:ZAMGet Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 6.70 ($0.08) and traded as low as GBX 6.33 ($0.08). Zambeef Products shares last traded at GBX 6.50 ($0.08), with a volume of 52,500 shares.

Zambeef Products Stock Performance

The company has a current ratio of 1.05, a quick ratio of 0.39 and a debt-to-equity ratio of 38.99. The stock has a market capitalization of £19.54 million, a PE ratio of 283.33 and a beta of -0.25. The firm’s 50-day simple moving average is GBX 6.52 and its two-hundred day simple moving average is GBX 6.70.

Zambeef Products Company Profile

(Get Free Report)

Zambeef Products PLC, together with its subsidiaries, engages in the agri-businesses in Zambia, Nigeria, and Ghana. 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 12,257 hectares of row crops under irrigation and 8,750 hectares of rain-fed/dry-land crops.

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