K Chandra Sekaran Sells 4,050 Shares of M.P. Evans Group PLC (LON:MPE) Stock

M.P. Evans Group PLC (LON:MPE - Get Free Report) insider K Chandra Sekaran sold 4,050 shares of M.P. Evans Group stock in a transaction on Monday, November 11th. The stock was sold at an average price of GBX 920 ($11.84), for a total transaction of £37,260 ($47,947.50).

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

• On Wednesday, November 6th, K Chandra Sekaran sold 3,980 shares of M.P. Evans Group stock. The stock was sold at an average price of GBX 940 ($12.10), for a total transaction of £37,412 ($48,143.10).
• 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 ($12.10), for a total transaction of £7,708 ($9,918.93).

M.P. Evans Group Stock Performance

MPE stock remained flat at GBX 934 ($12.02) on Wednesday. 9,578 shares of the company traded hands, compared to its average volume of 40,509. M.P. Evans Group PLC has a 52 week low of GBX 706 ($9.09) and a 52 week high of GBX 994 ($12.79). The company has a current ratio of 1.70, a quick ratio of 1.91 and a debt-to-equity ratio of 8.72. The company has a 50-day moving average of GBX 914.34 and a 200-day moving average of GBX 877.13. The company has a market capitalization of £493.15 million, a PE ratio of 993.62 and a beta of 0.69.

M.P. Evans Group Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, November 1st. Investors of record on Thursday, October 10th were issued a GBX 15 ($0.19) dividend. This represents a yield of 1.76%. The ex-dividend date was Thursday, October 10th. M.P. Evans Group's dividend payout ratio is currently 5,106.38%.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 1,250 ($16.09) target price 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.