Anglo-Eastern Plantations (LON:AEP) Hits New 12-Month High - What's Next?

Key Points

• New 52-week high: Anglo-Eastern Plantations reached GBX 1,630 (up 1.2% on the day) with 22,863 shares traded, trading well above its 50-day (GBX 1,487.86) and 200-day (GBX 1,382.21) moving averages.
• Attractive valuation and strong balance sheet: Market cap £628.94m and a low P/E of 7.29, with low leverage (debt-to-equity 0.11), strong liquidity (current ratio 6.24, quick ratio 5.67) and a low beta (0.19).
• Business profile: The company owns and operates palm oil and rubber plantations in Indonesia and Malaysia and emphasizes responsible development and management of its operations.

Anglo-Eastern Plantations Plc (LON:AEP - ) reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 1,630 and last traded at GBX 1,630, with a volume of 22863 shares trading hands. The stock had previously closed at GBX 1,610.

Anglo-Eastern Plantations Stock Up 1.2%

The company's 50-day simple moving average is GBX 1,487.86 and its two-hundred day simple moving average is GBX 1,382.21. The firm has a market capitalization of £628.94 million, a P/E ratio of 7.29 and a beta of 0.19. The company has a debt-to-equity ratio of 0.11, a current ratio of 6.24 and a quick ratio of 5.67.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.