R.E.A. (LON:RE) Shares Pass Below 200 Day Moving Average – Here’s What Happened

R.E.A. Holdings plc (LON:REGet Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 72.67 ($0.96) and traded as low as GBX 72.50 ($0.96). R.E.A. shares last traded at GBX 72.50 ($0.96), with a volume of 600 shares trading hands.

R.E.A. Price Performance

The firm has a fifty day moving average price of GBX 67.87 and a two-hundred day moving average price of GBX 72.67. The stock has a market capitalization of £39.50 million, a P/E ratio of 12.07, a PEG ratio of 0.82 and a beta of 0.51. The company has a debt-to-equity ratio of 97.73, a quick ratio of 1.04 and a current ratio of 1.26.

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.

See Also

Receive News & Ratings for R.E.A. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for R.E.A. and related companies with MarketBeat.com's FREE daily email newsletter.