Zambeef Products (LON:ZAM) Sets New 1-Year Low – Should You Sell?

Zambeef Products PLC (LON:ZAM)’s share price hit a new 52-week low on Friday . The stock traded as low as GBX 3.15 ($0.04) and last traded at GBX 3.30 ($0.04), with a volume of 1947205 shares. The stock had previously closed at GBX 3.50 ($0.04).

Zambeef Products Stock Down 5.7 %

The stock’s fifty day simple moving average is GBX 4.18 and its 200-day simple moving average is GBX 5.03. The stock has a market cap of £9.92 million, a P/E ratio of 350.00 and a beta of -0.48. The company has a debt-to-equity ratio of 44.46, a quick ratio of 0.39 and a current ratio of 1.04.

Zambeef Products Company Profile

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.