Camellia (LON:CAM) Share Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Camellia Plc (LON:CAM)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 5,643.04 and traded as low as GBX 4,960. Camellia shares last traded at GBX 4,960, with a volume of 589 shares trading hands.

Camellia Stock Down 2.3%

The company has a current ratio of 2.61, a quick ratio of 1.03 and a debt-to-equity ratio of 11.59. The firm has a market cap of £125.39 million, a P/E ratio of -43.42 and a beta of 0.47. The stock’s fifty day moving average is GBX 5,715.60 and its two-hundred day moving average is GBX 5,647.54.

Camellia (LON:CAM) last announced its quarterly earnings results on Friday, September 5th. The company reported GBX (429) EPS for the quarter. Camellia had a negative net margin of 7.61% and a negative return on equity of 6.30%. As a group, research analysts anticipate that Camellia Plc will post 90.0000026 earnings per share for the current year.

Insider Buying and Selling

In other Camellia news, insider Alec Hayley bought 100 shares of the firm’s stock in a transaction on Monday, September 8th. The shares were acquired at an average cost of GBX 5,794 per share, for a total transaction of £5,794. 0.28% of the stock is currently owned by insiders.

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.