Camellia (LON:CAM) Stock Price Passes Above 50 Day Moving Average – Should You Sell?

Camellia Plc (LON:CAM) shares passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 4,950.58 and traded as high as GBX 5,250. Camellia shares last traded at GBX 5,100, with a volume of 1,140 shares trading hands.

Camellia Stock Up 2.9%

The company has a debt-to-equity ratio of 11.90, a quick ratio of 1.03 and a current ratio of 2.36. The company has a market capitalization of £133.98 million, a price-to-earnings ratio of -46.39 and a beta of 0.47. The firm’s 50-day simple moving average is GBX 4,950.58 and its 200-day simple moving average is GBX 5,189.56.

About Camellia

Camellia Plc is the ultimate holding company of a group of agricultural businesses incorporated in jurisdictions across the world (the ‘Operating Companies’), while also owning and operating other assets outside of agriculture.

The Operating Companies, which have well-established and industrial-scale operations, collectively own and manage circa 50,000 hectares of mature land across seven countries (Bangladesh, Brazil, India, Kenya, Malawi, South Africa, and Tanzania).

The majority of the Group’s revenue is derived from the growing of tea, avocado, macadamia and arable crops.