Camellia (LON:CAM) Share Price Crosses Above 50-Day Moving Average – Here’s Why

Camellia Plc (LON:CAM) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 5,573.02 and traded as high as GBX 5,750. Camellia shares last traded at GBX 5,750, with a volume of 1,140 shares trading hands.

Camellia Stock Performance

The company has a market capitalization of £141.57 million, a price-to-earnings ratio of -29.99 and a beta of 0.35. The company has a debt-to-equity ratio of 7.68, a quick ratio of 1.03 and a current ratio of 3.14. The company has a 50 day moving average price of GBX 5,578.02 and a 200 day moving average price of GBX 5,400.03.

Camellia (LON:CAM) last issued its quarterly earnings data on Thursday, September 3rd. The company reported GBX 466.80 earnings per share for the quarter. Camellia had a negative return on equity of 1.73% and a negative net margin of 1.83%. Equities research analysts predict 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.