M.P. Evans Group PLC (LON:MPE) Insider K Chandra Sekaran Sells 3,980 Shares

M.P. Evans Group PLC (LON:MPE - Get Free Report) insider K Chandra Sekaran sold 3,980 shares of M.P. Evans Group stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of GBX 940 ($12.24), for a total transaction of £37,412 ($48,700.86).

K Chandra Sekaran also recently made the following trade(s):

• On Monday, November 4th, K Chandra Sekaran sold 820 shares of M.P. Evans Group stock. The stock was sold at an average price of GBX 940 ($12.24), for a total value of £7,708 ($10,033.85).

M.P. Evans Group Trading Down 0.4 %

Shares of MPE traded down GBX 4 ($0.05) during midday trading on Thursday, reaching GBX 920 ($11.98). The company had a trading volume of 10,574 shares, compared to its average volume of 40,789. M.P. Evans Group PLC has a 1-year low of GBX 706 ($9.19) and a 1-year high of GBX 994 ($12.94). The company has a quick ratio of 1.91, a current ratio of 1.70 and a debt-to-equity ratio of 8.72. The firm has a 50 day simple moving average of GBX 910.82 and a 200-day simple moving average of GBX 875.53. The stock has a market cap of £485.76 million, a PE ratio of 978.72 and a beta of 0.69.

M.P. Evans Group Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, November 1st. Investors of record on Thursday, October 10th were given a dividend of GBX 15 ($0.20) per share. This represents a yield of 1.76%. The ex-dividend date was Thursday, October 10th. M.P. Evans Group's payout ratio is currently 5,106.38%.

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a "buy" rating and set a GBX 1,250 ($16.27) price objective on shares of M.P. Evans Group in a research report on Wednesday, September 18th.

About M.P. Evans Group

M.P. Evans Group PLC, through its subsidiaries, engages in the ownership and development of oil palm plantations in Indonesia and Malaysia. The company operates through Plantation, Property, and Other segments. It produces and sells crude palm oil and palm kernels. The company is also involved in the property development; and oil-palm fresh fruit bunches production businesses, as well as provision of agronomic and management consultancy services.