Zambeef Products (LON:ZAM) Trading Up 9.8% – Still a Buy?

Shares of Zambeef Products PLC (LON:ZAMGet Free Report) were 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 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 company has a debt-to-equity ratio of 48.34, a quick ratio of 0.39 and a current ratio of 1.08. The company has a market cap of £480.41 million, a PE ratio of 4.35 and a beta of -0.48. The business’s 50-day moving average is GBX 3.60 and its 200 day moving average is GBX 4.36.

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.

Featured Stories

Receive News & Ratings for Zambeef Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zambeef Products and related companies with MarketBeat.com's FREE daily email newsletter.