Camellia (LON:CAM) Stock Price Crosses Above Fifty Day Moving Average - Here's Why

Key Points

• Camellia Plc's stock price has crossed above its fifty-day moving average of GBX 5,831.94, reaching a high of GBX 6,100 during recent trading sessions.
• The company reported a negative earnings per share of GBX (429) for the last quarter, with analysts forecasting 90 earnings per share for the current year.
• Insider Alec Hayley purchased 100 shares at an average price of GBX 5,794, indicating insider confidence despite the firm's current financial challenges.

Shares of Camellia Plc (LON:CAM - Get Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 5,831.94 ($77.56) and traded as high as GBX 6,100 ($81.13). Camellia shares last traded at GBX 6,100 ($81.13), with a volume of 758 shares trading hands.

Camellia Trading Down 0.7%

The firm has a market capitalization of £151.83 million, a price-to-earnings ratio of -5,257.48 and a beta of 0.47. The firm's 50 day moving average is GBX 5,831.94 and its 200 day moving average is GBX 5,345.61. 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 (LON:CAM - Get Free Report) last released its earnings results on Friday, September 5th. The company reported GBX (429) EPS for the quarter. Camellia had a negative net margin of 7.61% and a negative return on equity of 6.30%. Equities analysts forecast that Camellia Plc will post 90.0000026 earnings per share for the current year.

Insider Activity at Camellia

In other news, insider Alec Hayley purchased 100 shares of Camellia stock in a transaction that occurred on Monday, September 8th. The stock was acquired at an average price of GBX 5,794 per share, for a total transaction of £5,794. Company insiders own 0.28% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.