Zambeef Products PLC (LON:ZAM – Get Free Report) crossed above its fifty day moving average during trading on Thursday. The stock has a fifty 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 trading hands.
Zambeef Products Price Performance
The firm’s fifty day moving average price is GBX 5.16 and its 200 day moving average price is GBX 4.96. The firm has a market capitalization of £30.45 million, a PE ratio of 0.08 and a beta of -0.48. The company has a current ratio of 0.93, a quick ratio of 0.39 and a debt-to-equity ratio of 38.21.
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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