Ceres Global (TSE:CRP) Stock Crosses Below 200 Day Moving Average – Time to Sell?

Shares of Ceres Global Ag Corp. (TSE:CRPGet Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$2.99 and traded as low as C$2.53. Ceres Global shares last traded at C$2.53, with a volume of 300 shares changing hands.

Ceres Global Trading Down 1.6 %

The firm has a 50-day simple moving average of C$2.72 and a 200-day simple moving average of C$2.99. The company has a quick ratio of 0.28, a current ratio of 1.50 and a debt-to-equity ratio of 40.43. The stock has a market cap of C$51.68 million, a PE ratio of 10.34 and a beta of 0.22.

About Ceres Global

(Get Free Report)

Ceres Global Ag Corp. engages in the procurement and provision of agricultural commodities and value-added products, industrial products, fertilizers, energy products, and supply chain logistics and storage services worldwide. The company operates through Grain, Supply Chain Services, and Seed and Processing segments.

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