Associated British Foods plc (OTCMKTS:ASBFY - Get Free Report)'s stock price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $31.48 and traded as low as $30.32. Associated British Foods shares last traded at $30.32, with a volume of 22,733 shares trading hands.
Associated British Foods Price Performance
The business's fifty day moving average price is $31.44 and its 200 day moving average price is $31.84. The company has a quick ratio of 0.91, a current ratio of 1.79 and a debt-to-equity ratio of 0.29.
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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