Camellia (LON:CAM) Shares Cross Below 200 Day Moving Average – Here’s What Happened

Camellia Plc (LON:CAM) passed below its 200-day moving average during trading on Thursday . The stock has a 200-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 trading hands.

Camellia Price Performance

The firm has a 50 day moving average price of GBX 4,977.30 and a two-hundred day moving average price of GBX 5,478.11. The company has a market cap of £125.26 million, a P/E ratio of -43.37 and a beta of 0.47. The company has a debt-to-equity ratio of 11.59, a quick ratio of 1.03 and a current ratio of 2.61.

About Camellia

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.