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

Camellia Plc (LON:CAM) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 5,870.64 ($78.30) and traded as low as GBX 5,850 ($78.02). Camellia shares last traded at GBX 5,850 ($78.02), with a volume of 48 shares changing hands.

Camellia Price Performance

The stock has a market capitalization of £147.89 million, a price-to-earnings ratio of -51.21 and a beta of 0.47. The company’s 50-day simple moving average is GBX 5,870.64 and its 200-day simple moving average is GBX 5,474.93. The company has a debt-to-equity ratio of 11.59, a current ratio of 2.61 and a quick ratio of 1.03.

Camellia (LON:CAM) last announced its earnings results on Friday, September 5th. The company reported GBX (429) earnings per share for the quarter. Camellia had a negative return on equity of 6.30% and a negative net margin of 7.61%. Research analysts forecast that Camellia Plc will post 90.0000026 earnings per share for the current fiscal year.

Insider Buying and Selling at Camellia

In other news, insider Alec Hayley bought 100 shares of the company’s stock in a transaction dated Monday, September 8th. The stock was bought at an average price of GBX 5,794 per share, with a total value of £5,794. Corporate insiders own 0.28% of the company’s stock.

Camellia Company Profile

Camellia Plc is an AIM-Listed UK based company that primarily invests in agricultural businesses in Africa, Asia and South America. The primary crops are tea, macadamia nuts and avocados. Secondary crops include forestry, arable, rubber, and wine grapes. Camellia also has two subsidiary companies in the UK which are engaged in engineering and luxury tea marketing.