R.E.A. (LON:RE) Share Price Passes Above 50 Day Moving Average of $163.14

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Shares of R.E.A. Holdings plc (LON:RE) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $163.14 and traded as high as $180.00. R.E.A. shares last traded at $177.50, with a volume of 8,447 shares.

The company has a quick ratio of 0.74, a current ratio of 1.04 and a debt-to-equity ratio of 96.43. The business’s fifty day simple moving average is GBX 163.49 and its two-hundred day simple moving average is GBX 152.28. The company has a market cap of $72.30 million and a price-to-earnings ratio of -1.73.

About R.E.A. (LON:RE)

R.E.A. Holdings plc cultivates oil palms in the province of East Kalimantan in Indonesia. The company also produces and sells crude palm oil and crude palm kernel oil. As of December 31, 2017, its planted area comprised approximately 44,094 hectares. In addition, the company is involved in stone quarrying and coal mining activities.

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