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Zambeef Products (LON:ZAM) Shares Cross Above 200-Day Moving Average - Here's What Happened

Zambeef Products logo with Consumer Defensive background

Zambeef Products PLC (LON:ZAM - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 4.19 ($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 260,096 shares trading hands.

Zambeef Products Trading Up 3.3 %

The firm has a market cap of £501.76 million, a price-to-earnings ratio of 4.54 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 company has a 50 day moving average price of GBX 4.26 and a 200 day moving average price of GBX 4.16.

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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