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Ceres Global (TSE:CRP) Share Price Passes Below 200 Day Moving Average - Time to Sell?

Ceres Global logo with Consumer Defensive background
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Ceres Global Ag Corp. (TSE:CRP - Get Free Report) shares crossed 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.

Ceres Global Stock Down 1.6 %

The firm's fifty day moving average is C$2.72 and its 200-day moving average is C$2.99. The stock has a market capitalization of C$51.68 million, a PE ratio of 10.34 and a beta of 0.22. The company has a quick ratio of 0.28, a current ratio of 1.50 and a debt-to-equity ratio of 40.43.

Ceres Global Company Profile

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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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