Ceres Global (TSE:CRP) Shares Cross Below 200 Day Moving Average – Should You Sell?

Ceres Global Ag Corp. (TSE:CRPGet Free Report)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$2.99 and traded as low as C$2.53. Ceres Global shares last traded at C$2.53, with a volume of 300 shares changing hands.

Ceres Global Stock Performance

The company has a market capitalization of C$51.68 million, a PE ratio of 10.34 and a beta of 0.22. The company has a debt-to-equity ratio of 40.43, a current ratio of 1.50 and a quick ratio of 0.28. The stock has a 50-day simple moving average of C$2.72 and a 200 day simple moving average of C$2.99.

Ceres Global Company Profile

(Get Free Report)

Ceres Global Ag Corp. engages in the procurement and provision of agricultural commodities and value-added products, industrial products, fertilizers, energy products, and supply chain logistics and storage services worldwide. The company operates through Grain, Supply Chain Services, and Seed and Processing segments.

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