Camellia (LON:CAM) Stock Passes Above 50-Day Moving Average - Here's What Happened

Key Points

• Camellia Plc shares have crossed above their 50-day moving average of GBX 5,640.87 ($76.60), trading at a high of GBX 5,900 ($80.12) during recent trading sessions.
• The company is primarily involved in investing in agricultural businesses across Africa, Asia, and South America, focusing on crops such as tea, macadamia nuts, and avocados.
• Despite the positive movement above the moving average, Camellia's stock is currently down 1.4% and has a market capitalization of £157.38 million.

Camellia Plc (LON:CAM - ) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 5,640.87 ($76.60) and traded as high as GBX 5,900 ($80.12). Camellia shares last traded at GBX 5,700 ($77.40), with a volume of 1,083 shares changing hands.

Camellia Trading Down 1.4%

The company has a 50 day simple moving average of GBX 5,640.87 and a 200 day simple moving average of GBX 5,020.51. The company has a current ratio of 2.61, a quick ratio of 1.03 and a debt-to-equity ratio of 11.59. The stock has a market capitalization of £157.38 million, a PE ratio of -7.78 and a beta of 0.47.

About Camellia

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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