Camellia (LON:CAM) Stock Price Passes Below 50-Day Moving Average – Should You Sell?

Camellia Plc (LON:CAM) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 5,558.62 and traded as low as GBX 5,350. Camellia shares last traded at GBX 5,350, with a volume of 181 shares.

Camellia Trading Down 1.9%

The company has a quick ratio of 1.03, a current ratio of 3.14 and a debt-to-equity ratio of 7.68. The firm has a market cap of £134.49 million, a price-to-earnings ratio of -28.49 and a beta of 0.36. The business has a 50 day moving average of GBX 5,558.62 and a 200 day moving average of GBX 5,227.19.

Camellia (LON:CAM) last posted its quarterly earnings data on Tuesday, May 5th. The company reported GBX (190.50) EPS for the quarter. Camellia had a negative return on equity of 1.73% and a negative net margin of 1.83%.The company had revenue of £268 million for the quarter. On average, research analysts forecast that Camellia Plc will post 90.0000026 earnings per share for the current fiscal year.

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.