Zambeef Products (LON:ZAM) Trading Up 9.1% – Here’s Why

Zambeef Products PLC (LON:ZAM) was up 9.1% on Monday . The company traded as high as GBX 4.80 and last traded at GBX 4.80. Approximately 937 shares were traded during trading, a decline of 98% from the average daily volume of 50,856 shares. The stock had previously closed at GBX 4.40.

Zambeef Products Stock Up 10.1%

The company has a quick ratio of 0.39, a current ratio of 1.08 and a debt-to-equity ratio of 48.34. The company’s fifty day moving average price is GBX 4.65 and its 200-day moving average price is GBX 4.60. The stock has a market capitalization of £14.73 million, a PE ratio of 0.09 and a beta of -0.48.

About Zambeef Products

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. It is also involved in the row cropping operations primarily maize, soya beans, and wheat with approximately 14,530 hectares of row crops under irrigation and 7,924 hectares of rain-fed/dry-land crops.