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

Key Points

• R.E.A. shares fell below its 200-day moving average of GBX 115.70, trading as low as GBX 113 and last at GBX 113.50 (down ~3.0%) on volume of 14,861 shares.
• The company shows thin liquidity with a quick ratio of 1.04 and current ratio of 1.02, and a high debt-to-equity ratio of 107.31; market cap £61.83m with a P/E of 18.90 and PEG of 0.82.
• R.E.A. operates oil-palm cultivation in East Kalimantan and also has operations in stone, sand and coal mining plus renewable energy generation from methane capture.

R.E.A. Holdings plc (LON:RE - )'s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 115.70 and traded as low as GBX 113. R.E.A. shares last traded at GBX 113.50, with a volume of 14,861 shares.

R.E.A. Trading Down 3.0%

The company has a quick ratio of 1.04, a current ratio of 1.02 and a debt-to-equity ratio of 107.31. The firm's 50-day simple moving average is GBX 114.59 and its 200 day simple moving average is GBX 115.70. The stock has a market capitalization of £61.83 million, a P/E ratio of 18.90, a PEG ratio of 0.82 and a beta of 0.37.

About R.E.A.

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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