Shares of Associated British Foods plc (OTCMKTS:ASBFY – Get Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $32.21 and traded as high as $32.21. Associated British Foods shares last traded at $32.16, with a volume of 3,515 shares traded.
Associated British Foods Price Performance
The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.91 and a current ratio of 1.79. The business’s 50-day moving average price is $32.21 and its two-hundred day moving average price is $31.24.
About Associated British Foods
Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide. It operates through five segments: Grocery, Ingredients, Agriculture, Sugar, and Retail. The Grocery segment manufactures and sells grocery products, including hot beverages, sugar and sweeteners, vegetable oils, balsamic vinegars, bread and baked goods, cereals, ethnic foods, and meat products to retail, wholesale, and foodservice businesses.
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