R.E.A. (LON:RE) Share Price Crosses Below Fifty Day Moving Average of $129.91
Shares of R.E.A. Holdings plc (LON:RE) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $129.91 and traded as low as $153.00. R.E.A. shares last traded at $157.00, with a volume of 32,226 shares trading hands.
The company has a debt-to-equity ratio of 85.65, a current ratio of 1.37 and a quick ratio of 0.85. The firm has a market cap of $63.80 million and a PE ratio of -2.94. The business has a fifty day moving average price of GBX 131.76 and a two-hundred day moving average price of GBX 163.16.
R.E.A. Company Profile (LON:RE)
R.E.A. Holdings plc cultivates oil palms in the province of East Kalimantan in Indonesia. The company also produces and sells crude palm oil and crude palm kernel oil. As of December 31, 2017, its planted area comprised approximately 44,094 hectares. In addition, the company is involved in stone quarrying and coal mining activities.
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