Camellia (LON:CAM) Stock Passes Below 200-Day Moving Average – Should You Sell?

Camellia Plc (LON:CAM) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 5,478.11 and traded as low as GBX 4,850.50. Camellia shares last traded at GBX 5,050, with a volume of 146 shares.

Camellia Trading Down 0.6%

The company has a current ratio of 2.61, a quick ratio of 1.03 and a debt-to-equity ratio of 11.59. The firm has a 50-day moving average price of GBX 4,977.20 and a 200-day moving average price of GBX 5,473.63. The company has a market capitalization of £124.50 million, a price-to-earnings ratio of -43.11 and a beta of 0.47.

Camellia Company Profile

Camellia Plc is the ultimate holding company of a group of agricultural businesses incorporated in jurisdictions across the world (the ‘Operating Companies’), while also owning and operating other assets outside of agriculture.

The Operating Companies, which have well-established and industrial-scale operations, collectively own and manage circa 50,000 hectares of mature land across seven countries (Bangladesh, Brazil, India, Kenya, Malawi, South Africa, and Tanzania).

The majority of the Group’s revenue is derived from the growing of tea, avocado, macadamia and arable crops.