Camellia (LON:CAM) Stock Price Passes Above Fifty Day Moving Average – Time to Sell?

Camellia Plc (LON:CAM)’s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 5,453.36 and traded as high as GBX 5,600. Camellia shares last traded at GBX 5,580, with a volume of 2,112 shares trading hands.

Camellia Trading Up 2.9%

The company has a debt-to-equity ratio of 7.68, a quick ratio of 1.03 and a current ratio of 3.14. The firm has a 50 day simple moving average of GBX 5,453.36 and a two-hundred day simple moving average of GBX 5,154.84. The firm has a market capitalization of £141.06 million, a P/E ratio of -48.85 and a beta of 0.37.

Camellia (LON:CAM) last issued its quarterly earnings data on Tuesday, May 5th. The company reported GBX (190.50) earnings per share for the quarter. Camellia had a negative net margin of 1.83% and a negative return on equity of 1.73%. The company had revenue of £268 million for the quarter. Equities research analysts forecast that Camellia Plc will post 90.0000026 earnings per share for the current year.

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.