R.E.A. (LON:RE) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

R.E.A. Holdings plc (LON:RE) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 77.27 ($1.00) and traded as low as GBX 68.50 ($0.89). R.E.A. shares last traded at GBX 68.50 ($0.89), with a volume of 5,612 shares changing hands.

R.E.A. Trading Up 3.3 %

The company has a debt-to-equity ratio of 97.73, a current ratio of 1.26 and a quick ratio of 1.04. The stock has a market capitalization of £37.86 million, a price-to-earnings ratio of 11.57, a PEG ratio of 0.82 and a beta of 0.51. The business has a 50 day simple moving average of GBX 71.70 and a 200-day simple moving average of GBX 77.17.

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.