Zambeef Products (LON:ZAM) Trading Up 9.8% – Here’s Why

Zambeef Products PLC (LON:ZAMGet Free Report)’s share price was up 9.8% during trading on Thursday . The stock traded as high as GBX 4.50 ($0.06) and last traded at GBX 4.50 ($0.06). Approximately 200,172 shares traded hands during mid-day trading, a decline of 63% from the average daily volume of 540,702 shares. The stock had previously closed at GBX 4.10 ($0.05).

Zambeef Products Stock Performance

The stock has a market capitalization of £475.07 million, a PE ratio of 4.30 and a beta of -0.48. The company has a quick ratio of 0.39, a current ratio of 1.08 and a debt-to-equity ratio of 48.34. The firm has a 50 day moving average price of GBX 3.62 and a 200 day moving average price of GBX 4.35.

About Zambeef Products

(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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