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Zambeef Products (LON:ZAM) Shares Cross Above 200-Day Moving Average - Time to Sell?

Zambeef Products logo with Consumer Defensive background

Shares of Zambeef Products PLC (LON:ZAM - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 4.22 ($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 23,000 shares trading hands.

Zambeef Products Trading Down 0.7 %

The stock's fifty day moving average price is GBX 4.12 and its 200 day moving average price is GBX 4.22. The company has a quick ratio of 0.39, a current ratio of 1.08 and a debt-to-equity ratio of 48.34. The stock has a market cap of £471.87 million, a PE ratio of 4.27 and a beta of -0.48.

Zambeef Products Company Profile

(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.

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