R.E.A. (LON:RE) Trading Up 2.3% – Still a Buy?

R.E.A. Holdings plc (LON:RE)’s stock price was up 2.3% during mid-day trading on Wednesday . The company traded as high as GBX 79.50 ($1.01) and last traded at GBX 79.50 ($1.01). Approximately 30,381 shares were traded during trading, an increase of 1,774% from the average daily volume of 1,621 shares. The stock had previously closed at GBX 77.75 ($0.99).

R.E.A. Stock Performance

The company has a 50-day moving average of GBX 82.34 and a 200 day moving average of GBX 84.73. The company has a quick ratio of 1.04, a current ratio of 1.26 and a debt-to-equity ratio of 73.19. The firm has a market capitalization of £34.84 million, a PE ratio of -1,987.50, a PEG ratio of 0.82 and a beta of 0.51.

About R.E.A.

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.