Associated British Foods plc (OTCMKTS:ASBFY – Get Free Report) shares passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $30.80 and traded as low as $29.84. Associated British Foods shares last traded at $29.84, with a volume of 3,990 shares trading hands.
Associated British Foods Trading Down 0.8 %
The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.91 and a current ratio of 1.79. The company’s 50 day simple moving average is $30.76 and its 200-day simple moving average is $31.81.
Associated British Foods Company Profile
Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide. It operates through five segments: Grocery, Ingredients, Agriculture, Sugar, and Retail. The Grocery segment manufactures and sells grocery products, including hot beverages, sugar and sweeteners, vegetable oils, balsamic vinegars, bread and baked goods, cereals, ethnic foods, and meat products to retail, wholesale, and foodservice businesses.
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