R.E.A. (LON:RE) Stock Passes Below 200 Day Moving Average – Time to Sell?

R.E.A. Holdings plc (LON:RE)’s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 78.27 ($0.99) and traded as low as GBX 68 ($0.86). R.E.A. shares last traded at GBX 68 ($0.86), with a volume of 25,517 shares trading hands.

R.E.A. Stock Down 5.9 %

The firm has a market cap of £37.04 million, a price-to-earnings ratio of 11.32, a P/E/G ratio of 0.82 and a beta of 0.51. The firm’s 50 day moving average price is GBX 72.46 and its two-hundred day moving average price is GBX 78.27. The company has a debt-to-equity ratio of 97.73, a current ratio of 1.26 and a quick ratio of 1.04.

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.