Camellia (LON:CAM) Share Price Crosses Below 200 Day Moving Average - Should You Sell?

Key Points

• Technical signal: Shares crossed below their 200-day moving average on Friday, trading as low as GBX 4,801.20 and last at GBX 4,920—below the 200-day MA of GBX 5,318.56—with only 143 shares changing hands.
• Financial metrics: The company has a market capitalization of £124.38 million, a negative P/E of -43.07, a debt-to-equity ratio of 11.90, a current ratio of 2.36 and a quick ratio of 1.03.
• Business profile: Camellia Plc is the holding company for agricultural operations managing roughly 50,000 hectares across seven countries, deriving most revenue from tea, avocado, macadamia and arable crops.

Camellia Plc (LON:CAM - ) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 5,318.56 and traded as low as GBX 4,801.20. Camellia shares last traded at GBX 4,920, with a volume of 143 shares changing hands.

Camellia Stock Up 1.0%

The stock has a fifty day moving average of GBX 4,965.36 and a 200 day moving average of GBX 5,318.56. The company has a debt-to-equity ratio of 11.90, a current ratio of 2.36 and a quick ratio of 1.03. The firm has a market capitalization of £124.38 million, a P/E ratio of -43.07 and a beta of 0.47.

About Camellia

Camellia Plc is the ultimate holding company of a group of agricultural businesses incorporated in jurisdictions across the world (the 'Operating Companies'), while also owning and operating other assets outside of agriculture. The Operating Companies, which have well-established and industrial-scale operations, collectively own and manage circa 50,000 hectares of mature land across seven countries (Bangladesh, Brazil, India, Kenya, Malawi, South Africa, and Tanzania). The majority of the Group's revenue is derived from the growing of tea, avocado, macadamia and arable crops.

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