Associated British Foods plc (OTCMKTS:ASBFY - Get Free Report) shares crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $25.38 and traded as high as $29.96. Associated British Foods shares last traded at $29.88, with a volume of 14,079 shares changing hands.
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.
Read Our Latest Stock Analysis on Associated British Foods
Associated British Foods Stock Up 1.3 %
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 stock's 50 day moving average is $25.38 and its two-hundred day moving average is $26.46.
Associated British Foods Company Profile
(
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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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