R.E.A. (LON:RE) Share Price Crosses Below 200-Day Moving Average – What’s Next?

R.E.A. Holdings plc (LON:RE)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 81.67 ($1.00) and traded as low as GBX 72 ($0.88). R.E.A. shares last traded at GBX 72.50 ($0.89), with a volume of 15,951 shares trading hands.

R.E.A. Price Performance

The stock has a market capitalization of £31.78 million, a price-to-earnings ratio of -1,812.50, a PEG ratio of 0.82 and a beta of 0.51. The company has a current ratio of 1.26, a quick ratio of 1.04 and a debt-to-equity ratio of 73.19. The stock has a 50-day moving average price of GBX 76.74 and a 200 day moving average price of GBX 81.31.

R.E.A. Company Profile

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.