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

R.E.A. Holdings plc (LON:REGet Free Report)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 117.23 and traded as low as GBX 110. R.E.A. shares last traded at GBX 110, with a volume of 7 shares.

R.E.A. Stock Performance

The business has a fifty day simple moving average of GBX 112.23 and a two-hundred day simple moving average of GBX 117.23. The company has a debt-to-equity ratio of 78.03, a current ratio of 1.11 and a quick ratio of 1.04. The company has a market cap of £60.47 million, a PE ratio of 18.48, a price-to-earnings-growth ratio of 0.82 and a beta of 0.45.

About R.E.A.

(Get Free Report)

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.

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