R.E.A. (LON:RE) Stock Crosses Below 200-Day Moving Average - Time to Sell?

Key Points

• R.E.A. Holdings (LON:RE) crossed below its 200-day moving average
• The company has a market cap of £54.48 million with a P/E of 16.65 and PEG of 0.82, but carries high leverage (debt-to-equity 107.31) and only marginal liquidity (current ratio ~1.02).
• R.E.A. operates oil palm cultivation and crude palm oil production in East Kalimantan, Indonesia, and also holds stone, sand and coal interests plus methane-capture renewable energy operations.

R.E.A. Holdings plc (LON:RE - )'s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 115.33 and traded as low as GBX 98. R.E.A. shares last traded at GBX 100, with a volume of 63,589 shares traded.

R.E.A. Stock Down 1.5%

The stock has a market cap of £54.48 million, a price-to-earnings ratio of 16.65, a P/E/G ratio of 0.82 and a beta of 0.32. The company has a current ratio of 1.02, a quick ratio of 1.04 and a debt-to-equity ratio of 107.31. The stock's 50-day moving average price is GBX 123.97 and its 200-day moving average price is GBX 115.33.

R.E.A. Company Profile

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, the company holds interests in stone and sand deposits, and coal mining concessions located in East Kalimantan.

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