R.E.A. (LON:RE) Share Price Crosses Below Two Hundred Day Moving Average – What’s Next?

R.E.A. Holdings plc (LON:RE) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 78.27 ($0.99) and traded as low as GBX 68 ($0.86). R.E.A. shares last traded at GBX 68 ($0.86), with a volume of 25,517 shares trading hands.

R.E.A. Price Performance

The stock has a market cap of £37.04 million, a price-to-earnings ratio of 11.32, a PEG ratio of 0.82 and a beta of 0.51. The company’s 50 day moving average is GBX 72.46 and its 200 day moving average is GBX 78.27. The company has a debt-to-equity ratio of 97.73, a current ratio of 1.26 and a quick ratio of 1.04.

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.