Zambeef Products (LON:ZAM) Stock Crosses Below 200-Day Moving Average of $6.48

Zambeef Products Plc (LON:ZAM)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $6.48 and traded as low as $5.90. Zambeef Products shares last traded at $5.90, with a volume of 57,500 shares changing hands.

Separately, FinnCap restated a “corporate” rating on shares of Zambeef Products in a research report on Thursday, October 3rd.

The company has a debt-to-equity ratio of 28.05, a current ratio of 1.34 and a quick ratio of 0.15. The company has a 50-day moving average price of GBX 5.71 and a 200-day moving average price of GBX 6.48.

Zambeef Products Company Profile (LON:ZAM)

Zambeef Products PLC, together with its subsidiaries, engages in the agri-businesses in Zambia and internationally. It operates through 14 divisions: Beef, Chicken, Pork, Crops, Stockfeed, Eggs, Fish, Milk and Dairy, Edible Oils, Mill and Bakery, Leather and Shoe, Master Meats (Nigeria), and Master Meats (Ghana).

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