Zambeef Products (LON:ZAM) Stock Price Crosses Above 200 Day Moving Average of $5.94
Shares of Zambeef Products PLC (LON:ZAM) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 5.94 ($0.08) and traded as high as GBX 6.25 ($0.08). Zambeef Products shares last traded at GBX 5.63 ($0.07), with a volume of 126,676 shares changing hands.
The firm has a 50-day moving average price of GBX 6.28 and a 200-day moving average price of GBX 5.94. The company has a debt-to-equity ratio of 24.09, a quick ratio of 0.20 and a current ratio of 1.51.
About Zambeef Products (LON:ZAM)
Zambeef Products PLC, together with its subsidiaries, engages in the agri-businesses in Zambia, West Africa, and internationally. The company engages in the production, processing, distribution, and retailing of beef, chicken, pork, milk, dairy products, eggs, edible oils, stock feed, and flour. It is also involved in row cropping operations primarily maize, soya beans, and wheat with approximately 7,787 hectares of row crops under irrigation and 8,694 hectares of rain-fed/dry-land crops; and palm tree plantation activities.
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