Zambeef Products (LON:ZAM) Hits New 52-Week Low – Time to Sell?

Zambeef Products PLC (LON:ZAMGet Free Report)’s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 4 ($0.05) and last traded at GBX 4 ($0.05), with a volume of 118304 shares changing hands. The stock had previously closed at GBX 4.25 ($0.05).

Zambeef Products Price Performance

The firm has a market cap of £12.77 million, a price-to-earnings ratio of 412.50 and a beta of -0.48. The business’s 50-day simple moving average is GBX 4.65 and its two-hundred day simple moving average is GBX 5.24. The company has a current ratio of 1.04, a quick ratio of 0.39 and a debt-to-equity ratio of 44.46.

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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