Zambeef Products (LON:ZAM) Trading Up 9.1% – What’s Next?

Zambeef Products PLC (LON:ZAM)’s share price rose 9.1% during mid-day trading on Monday . The stock traded as high as GBX 4.80 and last traded at GBX 4.80. Approximately 937 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 50,856 shares. The stock had previously closed at GBX 4.40.

Zambeef Products Stock Performance

The stock has a market cap of £14.43 million, a P/E ratio of 0.09 and a beta of -0.48. 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 fifty day moving average of GBX 4.67 and a 200 day moving average of GBX 4.59.

Zambeef Products Company Profile

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.