Camellia (LON:CAM) Shares Cross Above Fifty Day Moving Average - Time to Sell?

Key Points

• Camellia Plc shares have recently crossed above their 50-day moving average of GBX 5,668.53 ($76.06), indicating potential positive momentum.
• The stock's current market capitalization stands at £154.46 million, with a price-to-earnings ratio of -7.63.
• Camellia primarily invests in agricultural businesses across Africa, Asia, and South America, focusing on crops such as tea, macadamia nuts, and avocados.

Camellia Plc (LON:CAM - ) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 5,668.53 ($76.06) and traded as high as GBX 5,850 ($78.49). Camellia shares last traded at GBX 5,610 ($75.27), with a volume of 165 shares trading hands.

Camellia Stock Performance

The stock's 50-day simple moving average is GBX 5,668.53 and its 200 day simple moving average is GBX 5,058.58. The stock has a market capitalization of £154.46 million, a price-to-earnings ratio of -7.63 and a beta of 0.47. The company has a quick ratio of 1.03, a current ratio of 2.61 and a debt-to-equity ratio of 11.59.

Camellia Company Profile

Camellia Plc is an AIM-Listed UK based company that primarily invests in agricultural businesses in Africa, Asia and South America. The primary crops are tea, macadamia nuts and avocados. Secondary crops include forestry, arable, rubber, and wine grapes. Camellia also has two subsidiary companies in the UK which are engaged in engineering and luxury tea marketing.

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