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 4.53 and traded as low as GBX 4.45. Zambeef Products shares last traded at GBX 4.50, with a volume of 9,000 shares trading hands.
Zambeef Products Stock Up 7.9%
The firm has a market capitalization of £14.43 million, a price-to-earnings ratio of 0.09 and a beta of -0.48. The business has a 50 day simple moving average of GBX 4.74 and a 200-day simple moving average of GBX 4.53. 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
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. It is also involved in the row cropping operations primarily maize, soya beans, and wheat with approximately 14,530 hectares of row crops under irrigation and 7,924 hectares of rain-fed/dry-land crops.
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