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Anglo-Eastern Plantations (LON:AEP) Reaches New 12-Month High - Still a Buy?

Anglo-Eastern Plantations logo with Consumer Defensive background

Anglo-Eastern Plantations Plc (LON:AEP - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 850 ($11.66) and last traded at GBX 836 ($11.47), with a volume of 28767 shares traded. The stock had previously closed at GBX 834 ($11.45).

Anglo-Eastern Plantations Stock Performance

The business's fifty day simple moving average is GBX 782.48 and its 200-day simple moving average is GBX 711.93. The firm has a market cap of £443.96 million, a P/E ratio of 6.87 and a beta of 0.50. The company has a current ratio of 6.64, a quick ratio of 5.67 and a debt-to-equity ratio of 0.18.

Anglo-Eastern Plantations Company Profile

(Get Free Report)

Anglo-Eastern Plantations Plc, together with its subsidiaries, owns, operates, and develops agriculture plantations in Indonesia and Malaysia. The company primarily produces crude palm oil, palm kernels, shell nuts, fresh fruit bunches, biomass, and biogas products, as well as rubber slabs. It also operates biogas plants that generates and sells surplus electricity to the national grid.

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