M.P. Evans Group (LON:MPE) Reaches New 12-Month High - What's Next?

Shares of M.P. Evans Group PLC (LON:MPE - Get Free Report) reached a new 52-week high during trading on Thursday . The company traded as high as GBX 1,020 ($12.63) and last traded at GBX 1,011.81 ($12.52), with a volume of 32963 shares. The stock had previously closed at GBX 994 ($12.30).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reissued a "buy" rating and issued a GBX 1,250 ($15.47) price objective on shares of M.P. Evans Group in a research report on Wednesday, September 18th.

M.P. Evans Group Trading Up 1.1 %

The company has a 50 day moving average of GBX 958.63 and a two-hundred day moving average of GBX 907.87. The company has a debt-to-equity ratio of 8.72, a quick ratio of 1.91 and a current ratio of 1.70. The stock has a market capitalization of £530.64 million, a PE ratio of 1,069.15 and a beta of 0.69.

Insider Activity at M.P. Evans Group

In related news, insider K Chandra Sekaran sold 3,980 shares of the firm's stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of GBX 940 ($11.64), for a total transaction of £37,412 ($46,307.71). Insiders sold 8,850 shares of company stock valued at $8,238,000 in the last three months. 48.63% of the stock is owned by insiders.

M.P. Evans Group Company Profile

M.P. Evans Group PLC is a responsible producer of certified sustainable crude palm oil (“CPO”), with plantations in five Indonesian provinces: Aceh, Bangka Belitung, East Kalimantan, North Sumatra and South Sumatra. Headquartered in the UK, the Group's shares are traded on the London Stock Exchange's Alternative Investment Market (“AIM”).