Zambeef Products (LON:ZAM) Sets New 12-Month Low – Here’s Why

Zambeef Products PLC (LON:ZAMGet Free Report) reached a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 3.15 ($0.04) and last traded at GBX 3.30 ($0.04), with a volume of 1947205 shares. The stock had previously closed at GBX 3.50 ($0.04).

Zambeef Products Stock Down 5.7 %

The firm has a market cap of £9.92 million, a P/E ratio of 350.00 and a beta of -0.48. The firm’s fifty day moving average is GBX 4.18 and its 200 day moving average is GBX 5.03. The company has a debt-to-equity ratio of 44.46, a quick ratio of 0.39 and a current ratio of 1.04.

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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