Camellia (LON:CAM) Stock Price Crosses Above Fifty Day Moving Average – Here’s Why

Camellia Plc (LON:CAM)’s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 5,241.70 and traded as high as GBX 5,685. Camellia shares last traded at GBX 5,685, with a volume of 556 shares.

Camellia Stock Up 1.5%

The stock’s 50 day simple moving average is GBX 5,241.70 and its two-hundred day simple moving average is GBX 5,175.05. The firm has a market cap of £143.11 million, a P/E ratio of -49.55 and a beta of 0.47. The company has a debt-to-equity ratio of 7.68, a current ratio of 3.14 and a quick ratio of 1.03.

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