R.E.A. (LON:RE) Insider Buys £45,450 in Stock

R.E.A. Holdings plc (LON:RE) insider David Blackett purchased 45,000 shares of the stock in a transaction on Tuesday, September 23rd. The stock was acquired at an average price of GBX 101 per share, with a total value of £45,450.

R.E.A. Stock Performance

RE opened at GBX 101.50 on Friday. The business’s 50-day simple moving average is GBX 95.04 and its 200 day simple moving average is GBX 81.04. The firm has a market cap of £55.29 million, a P/E ratio of 16.90, a PEG ratio of 0.82 and a beta of 0.51. The company has a debt-to-equity ratio of 97.73, a quick ratio of 1.04 and a current ratio of 1.26.

About R.E.A.

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.