Zambeef Products (LON:ZAM) Stock Price Down 6.7% – Time to Sell?

by · The Markets Daily

Shares of Zambeef Products PLC (LON:ZAM – Get Free Report) dropped 6.7% during mid-day trading on Tuesday . The company traded as low as GBX 3.25 ($0.04) and last traded at GBX 3.50 ($0.04). Approximately 252,734 shares traded hands during mid-day trading, an increase of 13% from the average daily volume of 223,989 shares. The stock had previously closed at GBX 3.75 ($0.05).

Zambeef Products Stock Up 7.7 %

The business’s 50 day simple moving average is GBX 4.21 and its 200-day simple moving average is GBX 5.04. The company has a debt-to-equity ratio of 44.46, a quick ratio of 0.39 and a current ratio of 1.04. The company has a market cap of £10.52 million, a price-to-earnings ratio of 350.00 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.

Featured Stories