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

Shares of Camellia Plc (LON:CAM) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 5,506.32 and traded as high as GBX 5,550. Camellia shares last traded at GBX 5,550, with a volume of 3 shares trading hands.

Camellia Stock Up 1.4%

The stock has a 50-day moving average of GBX 5,506.32 and a 200-day moving average of GBX 5,245.95. The company has a debt-to-equity ratio of 7.68, a current ratio of 3.14 and a quick ratio of 1.03. The firm has a market cap of £140.30 million, a price-to-earnings ratio of -29.73 and a beta of 0.35.

Camellia (LON:CAM) last announced its quarterly earnings data on Tuesday, May 5th. The company reported GBX (190.50) earnings per share for the quarter. The company had revenue of £268 million during the quarter. Camellia had a negative net margin of 1.83% and a negative return on equity of 1.73%. Sell-side analysts predict that Camellia Plc will post 90.0000026 EPS 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.