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

Zambeef Products PLC (LON:ZAM – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 4 ($0.05) and last traded at GBX 4 ($0.05), with a volume of 1594 shares. The stock had previously closed at GBX 4.25 ($0.06).

Zambeef Products Trading Down 5.9 %

The company has a debt-to-equity ratio of 44.46, a current ratio of 1.04 and a quick ratio of 0.39. The business’s 50 day moving average price is GBX 4.94 and its 200-day moving average price is GBX 5.37. The firm has a market capitalization of £12.02 million, a price-to-earnings ratio of 400.00 and a beta of -0.48.

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.

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