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

R.E.A. Holdings plc (LON:REGet Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 78.72 ($0.99) and traded as low as GBX 71.02 ($0.89). R.E.A. shares last traded at GBX 71.25 ($0.90), with a volume of 7,793 shares changing hands.

R.E.A. Stock Performance

The company has a debt-to-equity ratio of 97.73, a quick ratio of 1.04 and a current ratio of 1.26. The stock has a market capitalization of £38.81 million, a P/E ratio of 11.86, a PEG ratio of 0.82 and a beta of 0.51. The business has a 50-day moving average price of GBX 72.88 and a 200 day moving average price of GBX 78.53.

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.

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