Shares of Zambeef Products PLC (LON:ZAM – Get Free Report) crossed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of GBX 5.16 and traded as high as GBX 5.50. Zambeef Products shares last traded at GBX 5.50, with a volume of 37 shares.
Zambeef Products Price Performance
The company has a debt-to-equity ratio of 38.21, a current ratio of 0.93 and a quick ratio of 0.39. The firm has a market cap of £33.50 million, a price-to-earnings ratio of 0.08 and a beta of -0.48. The stock has a 50-day moving average price of GBX 5.16 and a 200 day moving average price of GBX 4.95.
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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