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Anglo-Eastern Plantations (LON:AEP) Shares Cross Below Fifty Day Moving Average - Time to Sell?

Anglo-Eastern Plantations logo with Consumer Defensive background

Anglo-Eastern Plantations Plc (LON:AEP - Get Free Report) shares crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 666.80 ($8.32) and traded as low as GBX 636 ($7.93). Anglo-Eastern Plantations shares last traded at GBX 642 ($8.01), with a volume of 4,495 shares trading hands.

Anglo-Eastern Plantations Stock Down 0.9 %

The company has a debt-to-equity ratio of 0.18, a quick ratio of 5.67 and a current ratio of 6.64. The company has a market cap of £251.16 million, a PE ratio of 557.89 and a beta of 0.50. The firm has a fifty day simple moving average of GBX 666.02 and a 200 day simple moving average of GBX 642.91.

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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