Shares of Associated British Foods plc (OTCMKTS:ASBFY - Get Free Report) reached a new 52-week low on Monday . The stock traded as low as $22.69 and last traded at $22.88, with a volume of 21857 shares traded. The stock had previously closed at $23.45.
Analyst Ratings Changes
Separately, Citigroup lowered shares of Associated British Foods from a "neutral" rating to a "sell" rating in a research note on Thursday, January 16th.
View Our Latest Report on Associated British Foods
Associated British Foods Price Performance
The company has a quick ratio of 0.98, a current ratio of 1.78 and a debt-to-equity ratio of 0.29. The business's 50-day moving average is $25.56 and its two-hundred day moving average is $28.77.
About Associated British Foods
(
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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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