Associated British Foods plc (OTCMKTS:ASBFY – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $34.44 and last traded at $34.14, with a volume of 14816 shares changing hands. The stock had previously closed at $30.93.
Associated British Foods Stock Performance
The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.96 and a current ratio of 1.83. The firm’s fifty day moving average price is $30.19 and its 200 day moving average price is $28.99.
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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