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

Shares of R.E.A. Holdings plc (LON:RE) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 115.37 and traded as low as GBX 93.50. R.E.A. shares last traded at GBX 95, with a volume of 9,946 shares.

R.E.A. Stock Up 0.8%

The firm’s 50-day moving average is GBX 120.29 and its two-hundred day moving average is GBX 115.37. The company has a debt-to-equity ratio of 107.31, a quick ratio of 1.04 and a current ratio of 1.02. The stock has a market cap of £51.75 million, a P/E ratio of 15.82, a PEG ratio of 0.82 and a beta of 0.32.

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.