R.E.A. (LON:RE) Stock Price Crosses Above 50-Day Moving Average of $152.49
R.E.A. Holdings plc (LON:RE) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $152.49 and traded as high as $161.00. R.E.A. shares last traded at $161.00, with a volume of 69 shares trading hands.
The company has a debt-to-equity ratio of 96.43, a quick ratio of 0.74 and a current ratio of 1.04. The firm’s 50 day moving average is GBX 152.49 and its 200-day moving average is GBX 157.56. The stock has a market capitalization of $71.86 million and a price-to-earnings ratio of -1.63.
R.E.A. Company Profile (LON:RE)
R.E.A. Holdings plc cultivates oil palms in the province of East Kalimantan in Indonesia. The company also produces and sells crude palm oil and crude palm kernel oil. As of December 31, 2017, its planted area comprised approximately 44,094 hectares. In addition, the company is involved in stone quarrying and coal mining activities.
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