Zambeef Products (LON:ZAM) Trading 2.2% Higher – What’s Next?

Zambeef Products PLC (LON:ZAMGet Free Report) rose 2.2% on Thursday . The stock traded as high as GBX 4.80 ($0.06) and last traded at GBX 4.65 ($0.06). Approximately 480,135 shares changed hands during mid-day trading, an increase of 41% from the average daily volume of 340,303 shares. The stock had previously closed at GBX 4.55 ($0.06).

Zambeef Products Stock Up 9.9 %

The firm has a 50 day moving average of GBX 4.26 and a 200-day moving average of GBX 4.16. The company has a debt-to-equity ratio of 48.34, a current ratio of 1.08 and a quick ratio of 0.39. The stock has a market capitalization of £533.79 million, a P/E ratio of 4.83 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.

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