Associated British Foods plc (OTCMKTS:ASBFY – Get Free Report)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $32.06 and traded as low as $28.88. Associated British Foods shares last traded at $28.88, with a volume of 9,163 shares.
Associated British Foods Stock Performance
The company’s 50 day simple moving average is $32.06 and its 200-day simple moving average is $31.79. The company has a quick ratio of 0.91, a current ratio of 1.79 and a debt-to-equity ratio of 0.29.
About Associated British Foods
Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide. It operates through five segments: Grocery, Ingredients, Agriculture, Sugar, and Retail. The Grocery segment manufactures and sells grocery products, including hot beverages, sugar and sweeteners, vegetable oils, balsamic vinegars, bread and baked goods, cereals, ethnic foods, and meat products to retail, wholesale, and foodservice businesses.
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