M.P. Evans Group PLC (LON:MPE - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 906.71 ($11.22) and traded as high as GBX 1,000 ($12.38). M.P. Evans Group shares last traded at GBX 994 ($12.30), with a volume of 14,940 shares.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group reaffirmed a "buy" rating and set a GBX 1,250 ($15.47) target price on shares of M.P. Evans Group in a report on Wednesday, September 18th.
Read Our Latest Research Report on MPE
M.P. Evans Group Price Performance
The stock has a market cap of £530.64 million, a price-to-earnings ratio of 1,069.15 and a beta of 0.69. The stock's 50 day moving average price is GBX 958.63 and its two-hundred day moving average price is GBX 907.87. The company has a quick ratio of 1.91, a current ratio of 1.70 and a debt-to-equity ratio of 8.72.
Insider Buying and Selling at M.P. Evans Group
In related news, insider K Chandra Sekaran sold 3,980 shares of the business'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 value of £37,412 ($46,307.71). In the last quarter, insiders sold 8,850 shares of company stock worth $8,238,000. Insiders own 48.63% of the company's stock.
About M.P. Evans Group
(
Get Free Report)
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”).
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