R.E.A. (LON:RE) Share Price Crosses Below 200-Day Moving Average – Here’s Why

Shares of R.E.A. Holdings plc (LON:REGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 79.40 ($0.98) and traded as low as GBX 71 ($0.88). R.E.A. shares last traded at GBX 72.25 ($0.90), with a volume of 6,801 shares traded.

R.E.A. Price Performance

The company has a market cap of £32.87 million, a price-to-earnings ratio of -1,875.00, a price-to-earnings-growth ratio of 0.82 and a beta of 0.51. The company has a current ratio of 1.26, a quick ratio of 1.04 and a debt-to-equity ratio of 73.19. The company has a fifty day moving average price of GBX 73.82 and a two-hundred day moving average price of GBX 79.40.

About R.E.A.

(Get Free Report)

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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