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

Zambeef Products PLC (LON:ZAMGet Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 4.93 ($0.06) and traded as low as GBX 3.25 ($0.04). Zambeef Products shares last traded at GBX 3.30 ($0.04), with a volume of 330 shares traded.

Zambeef Products Trading Up 1.5 %

The firm has a market capitalization of £9.92 million, a price-to-earnings ratio of 330.00 and a beta of -0.48. The company has a quick ratio of 0.39, a current ratio of 1.04 and a debt-to-equity ratio of 44.46. The firm’s 50 day moving average is GBX 4 and its 200 day moving average is GBX 4.93.

Zambeef Products Company Profile

(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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