R.E.A. (LON:RE) Share Price Passes Below 200-Day Moving Average – Should You Sell?

Shares of R.E.A. Holdings plc (LON:REGet Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 77.87 ($1.00) and traded as low as GBX 68.75 ($0.89). R.E.A. shares last traded at GBX 68.75 ($0.89), with a volume of 4,486 shares changing hands.

R.E.A. Price Performance

The business’s fifty day simple moving average is GBX 72.15 and its 200-day simple moving average is GBX 77.87. The company has a current ratio of 1.26, a quick ratio of 1.04 and a debt-to-equity ratio of 97.73. The firm has a market cap of £38.41 million, a P/E ratio of 11.74, a PEG ratio of 0.82 and a beta of 0.51.

R.E.A. Company Profile

(Get Free Report)

R.E.A. Holdings plc engages in the cultivation of oil palms in the province of East Kalimantan in Indonesia. It operates in two segments, the Cultivation of Oil Palms; and Stone, Sand and Coal Interests. The company also produces and sells crude palm oil and crude palm kernel oil. In addition, it is involved in the production and sale of crushed stone; coal and sand mining; and generation of renewable energy from its methane capture plants.

Featured Articles

Receive News & Ratings for R.E.A. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for R.E.A. and related companies with MarketBeat.com's FREE daily email newsletter.