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

R.E.A. Holdings plc (LON:REGet Free Report)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 81.67 ($1.00) and traded as low as GBX 72 ($0.88). R.E.A. shares last traded at GBX 72.50 ($0.89), with a volume of 15,951 shares.

R.E.A. Price Performance

The company has a debt-to-equity ratio of 73.19, a quick ratio of 1.04 and a current ratio of 1.26. The firm has a market capitalization of £31.78 million, a price-to-earnings ratio of -1,812.50, a price-to-earnings-growth ratio of 0.82 and a beta of 0.51. The business has a fifty day moving average of GBX 77.36 and a two-hundred day moving average of GBX 81.67.

About R.E.A.

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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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