Zambeef Products (LON:ZAM) Shares Down 9.4% – Here’s What Happened

Shares of Zambeef Products PLC (LON:ZAMGet Free Report) fell 9.4% on Wednesday . The company traded as low as GBX 3.78 ($0.05) and last traded at GBX 3.85 ($0.05). 275,182 shares traded hands during trading, an increase of 21% from the average session volume of 227,145 shares. The stock had previously closed at GBX 4.25 ($0.05).

Zambeef Products Trading Up 3.9 %

The company has a debt-to-equity ratio of 44.46, a quick ratio of 0.39 and a current ratio of 1.04. The stock has a market capitalization of £12.02 million, a PE ratio of 395.00 and a beta of -0.48. The stock has a 50-day moving average price of GBX 4.40 and a two-hundred day moving average price of GBX 5.12.

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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