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Anglo-Eastern Plantations (LON:AEP) Share Price Passes Below 200-Day Moving Average - Here's Why

Anglo-Eastern Plantations logo with Consumer Defensive background

Anglo-Eastern Plantations Plc (LON:AEP - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 640.02 ($7.91) and traded as low as GBX 616 ($7.61). Anglo-Eastern Plantations shares last traded at GBX 616 ($7.61), with a volume of 4,006 shares.

Anglo-Eastern Plantations Stock Performance

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 business's 50 day simple moving average is GBX 653.70 and its 200 day simple moving average is GBX 640.02. The stock has a market cap of £243.26 million, a P/E ratio of 540.35 and a beta of 0.50.

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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