Zambeef Products (LON:ZAM) Sets New 52-Week Low – Should You Sell?

Zambeef Products PLC (LON:ZAMGet Free Report) shares hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 3.78 ($0.05) and last traded at GBX 3.95 ($0.05), with a volume of 441449 shares traded. The stock had previously closed at GBX 4.25 ($0.05).

Zambeef Products Trading Down 5.8 %

The stock has a 50-day simple moving average of GBX 4.37 and a 200 day simple moving average of GBX 5.12. The company has a current ratio of 1.04, a quick ratio of 0.39 and a debt-to-equity ratio of 44.46. The company has a market cap of £10.90 million, a price-to-earnings ratio of 385.00 and a beta of -0.48.

About Zambeef Products

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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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