Camellia (LON:CAM) Stock Price Passes Above 50-Day Moving Average – What’s Next?

Camellia Plc (LON:CAM)’s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 4,950.58 and traded as high as GBX 5,250. Camellia shares last traded at GBX 5,100, with a volume of 1,140 shares traded.

Camellia Stock Up 12.6%

The company has a market capitalization of £146.62 million, a PE ratio of -50.77 and a beta of 0.47. The company has a debt-to-equity ratio of 11.90, a quick ratio of 1.03 and a current ratio of 2.36. The company’s 50-day moving average is GBX 4,967.48 and its 200 day moving average is GBX 5,187.82.

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.