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Anglo-Eastern Plantations (LON:AEP) Stock Crosses Below 50 Day Moving Average - Here's What Happened

Anglo-Eastern Plantations logo with Consumer Defensive background

Anglo-Eastern Plantations Plc (LON:AEP - Get Free Report)'s stock price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 670.46 ($8.44) and traded as low as GBX 630 ($7.93). Anglo-Eastern Plantations shares last traded at GBX 630 ($7.93), with a volume of 4,717 shares trading hands.

Anglo-Eastern Plantations Stock Down 4.5 %

The company has a debt-to-equity ratio of 0.18, a current ratio of 6.64 and a quick ratio of 5.67. The firm has a market capitalization of £248.79 million, a P/E ratio of 552.63 and a beta of 0.50. The business has a 50 day moving average price of GBX 669.66 and a 200 day moving average price of GBX 644.68.

About Anglo-Eastern Plantations

(Get Free Report)

Anglo-Eastern Plantations Plc, together with its subsidiaries, owns, operates, and develops agriculture plantations in Indonesia and Malaysia. The company primarily produces crude palm oil, palm kernels, shell nuts, fresh fruit bunches, biomass, and biogas products, as well as rubber slabs. It also operates biogas plants that generates and sells surplus electricity to the national grid.

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