Associated British Foods plc (OTCMKTS:ASBFY – Get Free Report) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $30.96 and traded as low as $30.80. Associated British Foods shares last traded at $30.95, with a volume of 13,801 shares changing hands.
Associated British Foods Price Performance
The firm has a fifty day simple moving average of $30.95 and a two-hundred day simple moving average of $31.84. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.79 and a quick ratio of 0.91.
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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