Zambeef Products (LON:ZAM) Stock Price Passes Below 200 Day Moving Average – What’s Next?

Zambeef Products PLC (LON:ZAMGet Free Report)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 4.75 ($0.06) and traded as low as GBX 3.20 ($0.04). Zambeef Products shares last traded at GBX 3.30 ($0.04), with a volume of 2,592,594 shares traded.

Zambeef Products Stock Up 3.1 %

The company has a debt-to-equity ratio of 44.46, a quick ratio of 0.39 and a current ratio of 1.04. The stock’s fifty day simple moving average is GBX 3.77 and its two-hundred day simple moving average is GBX 4.74. The stock has a market capitalization of £9.92 million, a P/E ratio of 330.00 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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