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

R.E.A. Holdings plc (LON:RE) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 117.23 and traded as low as GBX 107. R.E.A. shares last traded at GBX 109, with a volume of 538,724 shares traded.

R.E.A. Trading Down 1.8%

The business has a fifty day simple moving average of GBX 111.46 and a 200-day simple moving average of GBX 117.20. The company has a debt-to-equity ratio of 78.03, a quick ratio of 1.04 and a current ratio of 1.11. The firm has a market cap of £59.92 million, a price-to-earnings ratio of 18.31, a PEG ratio of 0.82 and a beta of 0.45.

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.