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

R.E.A. Holdings plc (LON:RE)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 78.72 ($0.99) and traded as low as GBX 71.02 ($0.90). R.E.A. shares last traded at GBX 71.25 ($0.90), with a volume of 7,793 shares changing hands.

R.E.A. Stock Performance

The company has a quick ratio of 1.04, a current ratio of 1.26 and a debt-to-equity ratio of 97.73. The firm has a market capitalization of £38.81 million, a price-to-earnings ratio of 11.86, a P/E/G ratio of 0.82 and a beta of 0.51. The company has a 50-day moving average price of GBX 73.09 and a 200-day moving average price of GBX 78.72.

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.