Camellia (LON:CAM) Shares Break Above 50-Day Moving Average – Should You Sell?

Camellia Plc (LON:CAM)’s share price passed above its 50-day moving average during trading on Monday. The stock has a 50-day moving average of GBX 5,657.41 and traded as high as GBX 5,750. Camellia shares last traded at GBX 5,600, with a volume of 1,748 shares traded.

Camellia Stock Performance

The stock’s 50-day moving average is GBX 5,662.41 and its 200-day moving average is GBX 5,494.76. 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 stock has a market cap of £141.57 million, a price-to-earnings ratio of -29.99 and a beta of 0.35.

Camellia (LON:CAM) last released its quarterly earnings data 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%. On average, analysts expect that Camellia Plc will post 90.0000026 EPS for the current year.

Camellia Company Profile

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.