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Zambeef Products (LON:ZAM) Share Price Passes Above 200-Day Moving Average - Here's Why

Zambeef Products logo with Consumer Defensive background
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Zambeef Products PLC (LON:ZAM - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 4.30 ($0.06) and traded as high as GBX 4.45 ($0.06). Zambeef Products shares last traded at GBX 4.40 ($0.06), with a volume of 877 shares changing hands.

Zambeef Products Trading Up 0.2 %

The stock has a market capitalization of £476.14 million, a price-to-earnings ratio of 4.31 and a beta of -0.48. The company has a debt-to-equity ratio of 48.34, a quick ratio of 0.39 and a current ratio of 1.08. The business has a 50-day moving average of GBX 3.88 and a 200-day moving average of GBX 4.29.

About Zambeef Products

(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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