Camellia (LON:CAM) Share Price Passes Below Two Hundred Day Moving Average – What’s Next?

Camellia Plc (LON:CAM)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 5,633.91 and traded as low as GBX 5,250. Camellia shares last traded at GBX 5,250, with a volume of 195 shares trading hands.

Camellia Stock Performance

The company has a market cap of £127.66 million, a PE ratio of -44.21 and a beta of 0.47. The firm’s fifty day moving average is GBX 5,803.52 and its 200 day moving average is GBX 5,642.59. The company has a current ratio of 2.61, a quick ratio of 1.03 and a debt-to-equity ratio of 11.59.

Camellia (LON:CAM) last posted its quarterly earnings data on Friday, September 5th. The company reported GBX (429) earnings per share (EPS) for the quarter. Camellia had a negative net margin of 7.61% and a negative return on equity of 6.30%. As a group, research analysts predict that Camellia Plc will post 90.0000026 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Alec Hayley acquired 100 shares of the stock in a transaction that occurred on Monday, September 8th. The shares were bought at an average cost of GBX 5,794 per share, for a total transaction of £5,794. Corporate insiders own 0.28% of the company’s stock.

About Camellia

Camellia Plc is the ultimate holding company of a group of agricultural businesses incorporated in jurisdictions across the world (the ‘Operating Companies’), while also owning and operating other assets outside of agriculture.

The Operating Companies, which have well-established and industrial-scale operations, collectively own and manage circa 50,000 hectares of mature land across seven countries (Bangladesh, Brazil, India, Kenya, Malawi, South Africa, and Tanzania).

The majority of the Group’s revenue is derived from the growing of tea, avocado, macadamia and arable crops.