Select Harvests (ASX:SHV) Stock Price Crosses Above 50 Day Moving Average of $7.32

Select Harvests Limited (ASX:SHV)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $7.32 and traded as high as $7.64. Select Harvests shares last traded at $7.54, with a volume of 34,171 shares changing hands.

The company has a market capitalization of $719.85 million and a PE ratio of -116.00. The company has a current ratio of 3.23, a quick ratio of 1.02 and a debt-to-equity ratio of 18.79. The firm’s 50-day simple moving average is A$7.33 and its 200-day simple moving average is A$6.72.

Select Harvests Company Profile (ASX:SHV)

Select Harvests Limited engages in processing, packaging, marketing, and distributing edible nuts, dried fruits, seeds, and a range of natural health foods in Australia. The company operates through Almond Division and Food Division segments. It also grows, processes, and sells almonds to the food industry from company owned and leased almond orchards; and provides a range of management services to external owners of almond orchards, including orchard development, tree supply, farm management, and land and irrigation infrastructure rental, as well as markets and sells almonds on behalf of external investors.

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