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M.P. Evans Group (LON:MPE) Share Price Crosses Above 200 Day Moving Average - What's Next?

M.P. Evans Group logo with Consumer Defensive background
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M.P. Evans Group PLC (LON:MPE - Get Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 956.71 ($12.37) and traded as high as GBX 1,040 ($13.44). M.P. Evans Group shares last traded at GBX 1,040 ($13.44), with a volume of 34,544 shares.

Analyst Ratings Changes

Separately, Canaccord Genuity Group increased their price objective on shares of M.P. Evans Group from GBX 1,350 ($17.45) to GBX 1,400 ($18.09) and gave the stock a "buy" rating in a research report on Tuesday, January 21st.

View Our Latest Analysis on M.P. Evans Group

M.P. Evans Group Price Performance

The firm has a market capitalization of £662.11 million, a price-to-earnings ratio of 10.28 and a beta of 0.69. The business's fifty day simple moving average is GBX 1,024.84 and its 200 day simple moving average is GBX 959.97. The company has a debt-to-equity ratio of 8.89, a current ratio of 1.70 and a quick ratio of 1.91.

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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