R.E.A. (LON:RE) Share Price Passes Below Two Hundred Day Moving Average of $111.71

R.E.A. Holdings plc (LON:RE – Get Rating)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 111.71 ($1.36) and traded as low as GBX 102 ($1.24). R.E.A. shares last traded at GBX 105 ($1.28), with a volume of 11,000 shares changing hands.

R.E.A. Trading Down 4.3 %

The business’s fifty day moving average is GBX 111.56 and its two-hundred day moving average is GBX 111.71. The company has a quick ratio of 1.04, a current ratio of 1.65 and a debt-to-equity ratio of 89.85. The firm has a market cap of £44.05 million, a price-to-earnings ratio of 750.00, a price-to-earnings-growth ratio of 0.82 and a beta of 0.44.

R.E.A. Company Profile

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R.E.A. Holdings plc engages in the cultivation of oil palms in the province of East Kalimantan in Indonesia. The company produces and sells crude palm oil and crude palm kernel oil in its agricultural land allocations comprising approximately 75,000 hectares. It is also involved in stone quarrying and coal mining activities.