Zambeef Products (LON:ZAM) Stock Price Up 9.8% – Here’s What Happened

Zambeef Products PLC (LON:ZAMGet Free Report) 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 changed 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 Up 9.8 %

The firm has a market cap of £480.41 million, a PE ratio of 4.35 and a beta of -0.48. The company has a current ratio of 1.08, a quick ratio of 0.39 and a debt-to-equity ratio of 48.34. The stock has a fifty day simple moving average of GBX 3.60 and a two-hundred day simple moving average of GBX 4.36.

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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