Anglo-Eastern Plantations (LON:AEP) Hits New 1-Year High - Here's What Happened

Key Points

• New 52‑week high: Anglo‑Eastern Plantations shares reached GBX 1,600 (from a prior close of GBX 1,595) with about 28,122 shares traded, roughly 0.3% up on the session.
• Strong balance sheet and low leverage: The company reports a quick ratio of 5.67, current ratio of 6.24 and debt‑to‑equity of 0.11, and trades at a P/E of 7.15 with a market cap of £619.01m.
• Business focus: AEP owns and operates palm oil and rubber plantations in Indonesia and Malaysia and states a commitment to responsible development and management.

Anglo-Eastern Plantations Plc (LON:AEP - ) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 1,600 and last traded at GBX 1,600, with a volume of 28122 shares trading hands. The stock had previously closed at GBX 1,595.

Anglo-Eastern Plantations Trading Up 0.3%

The company has a quick ratio of 5.67, a current ratio of 6.24 and a debt-to-equity ratio of 0.11. The company's 50-day moving average is GBX 1,468.06 and its 200 day moving average is GBX 1,369.95. The company has a market cap of £619.01 million, a price-to-earnings ratio of 7.15 and a beta of 0.17.

Anglo-Eastern Plantations Company Profile

Anglo-Eastern Plantations Plc, quoted on the London Stock Exchange, owns, operates and develops plantations in Indonesia and Malaysia, which produce mainly palm oil and some rubber. The Group is committed to responsible development and management of its plantations and facilities for the benefit of the environment and society in which it operates in.

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