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Zambeef Products (LON:ZAM) Shares Pass Above Two Hundred Day Moving Average - Time to Sell?

Zambeef Products logo with Consumer Defensive background

Zambeef Products PLC (LON:ZAM - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 4.12 ($0.05) and traded as high as GBX 4.70 ($0.06). Zambeef Products shares last traded at GBX 4.70 ($0.06), with a volume of 342 shares.

Zambeef Products Price Performance

The company has a 50 day moving average price of GBX 4.50 and a 200-day moving average price of GBX 4.09. The company has a market cap of £476.14 million, a price-to-earnings ratio of 4.31 and a beta of -0.48. The company has a quick ratio of 0.39, a current ratio of 1.08 and a debt-to-equity ratio of 48.34.

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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