R.E.A. (LON:RE) Shares Pass Below 200 Day Moving Average – Should You Sell?

Shares of R.E.A. Holdings plc (LON:RE) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 115.29 and traded as low as GBX 105. R.E.A. shares last traded at GBX 109.50, with a volume of 158,051 shares.

R.E.A. Price Performance

The company has a market cap of £59.65 million, a P/E ratio of 18.23, a P/E/G ratio of 0.82 and a beta of 0.32. The company’s 50-day moving average price is GBX 116.51 and its two-hundred day moving average price is GBX 115.29. The company has a current ratio of 1.02, a quick ratio of 1.04 and a debt-to-equity ratio of 107.31.

R.E.A. Company Profile

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. Further, the company holds interests in stone and sand deposits, and coal mining concessions located in East Kalimantan.