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R.E.A. (LON:RE) Insider David Blackett Acquires 45,000 Shares

R.E.A. logo with Consumer Defensive background

Key Points

  • David Blackett, an insider at R.E.A. Holdings plc, acquired 45,000 shares for £45,450 on September 23rd, at an average price of GBX 101 per share.
  • R.E.A. Holdings operates in the cultivation of oil palms in Indonesia and also engages in mining and renewable energy production.
  • The company's current market capitalization stands at £55.02 million, with a price-to-earnings ratio of 16.82.
  • Five stocks to consider instead of R.E.A..

R.E.A. Holdings plc (LON:RE - Get Free Report) insider David Blackett acquired 45,000 shares of the company's stock in a transaction that occurred on Tuesday, September 23rd. The shares were acquired at an average cost of GBX 101 per share, with a total value of £45,450.

R.E.A. Price Performance

LON:RE traded down GBX 0.25 during mid-day trading on Wednesday, reaching GBX 101. 13,621 shares of the company's stock traded hands, compared to its average volume of 1,621. The firm's 50-day moving average is GBX 94.22 and its 200 day moving average is GBX 80.45. The company has a debt-to-equity ratio of 97.73, a current ratio of 1.26 and a quick ratio of 1.04. The firm has a market cap of £55.02 million, a price-to-earnings ratio of 16.82, a price-to-earnings-growth ratio of 0.82 and a beta of 0.51.

About R.E.A.

(Get Free Report)

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.

Further Reading

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