Camellia (LON:CAM) Shares Cross Above 50 Day Moving Average – Here’s What Happened

Shares of Camellia Plc (LON:CAM – Get Free Report) crossed above its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of GBX 5,690.35 and traded as high as GBX 5,900. Camellia shares last traded at GBX 5,879.31, with a volume of 255 shares trading hands.

Camellia Stock Performance

The company has a current ratio of 2.84, a quick ratio of 1.03 and a debt-to-equity ratio of 8.22. The firm has a market capitalization of £141.57 million, a P/E ratio of 7.90 and a beta of 0.35. The business’s 50 day simple moving average is GBX 5,690.50 and its two-hundred day simple moving average is GBX 5,529.73.

Camellia (LON:CAM – Get Free Report) last issued its earnings results on Thursday, September 3rd. The company reported GBX 466.80 earnings per share (EPS) for the quarter. Camellia had a net margin of 7.06% and a return on equity of 6.33%. Sell-side analysts anticipate that Camellia Plc will post 90.0000026 EPS for the current fiscal year.

About Camellia

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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.

Further Reading

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