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

Camellia Plc (LON:CAM)’s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 4,956.03 and traded as high as GBX 4,960. Camellia shares last traded at GBX 4,890, with a volume of 105 shares.

Camellia Stock Down 1.1%

The stock has a market cap of £122.21 million, a price-to-earnings ratio of -42.32 and a beta of 0.47. The firm’s fifty day moving average price is GBX 4,954.04 and its two-hundred day moving average price is GBX 5,264.16. The company has a debt-to-equity ratio of 11.90, a current ratio of 2.36 and a quick ratio of 1.03.

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.