Zambeef Products (LON:ZAM) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Zambeef Products PLC (LON:ZAMGet Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 4.19 ($0.05) and traded as high as GBX 4.50 ($0.06). Zambeef Products shares last traded at GBX 4.50 ($0.06), with a volume of 260,096 shares changing hands.

Zambeef Products Stock Up 1.1 %

The company has a current ratio of 1.08, a quick ratio of 0.39 and a debt-to-equity ratio of 48.34. The stock’s 50-day moving average price is GBX 4.21 and its 200-day moving average price is GBX 4.19. The company has a market cap of £480.41 million, a P/E ratio of 4.35 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.

Further Reading

Receive News & Ratings for Zambeef Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zambeef Products and related companies with MarketBeat.com's FREE daily email newsletter.