Anglo-Eastern Plantations (LON:AEP) Hits New 52-Week High - Here's Why

Key Points

• 52‑week high: Anglo‑Eastern Plantations hit a new 52‑week high, trading as high as GBX 1,635 and last at GBX 1,625 on a volume of 27,454 shares.
• Attractive fundamentals: The company has a market cap of £627.01m, a low debt‑to‑equity ratio of 0.11, strong liquidity (current ratio 6.24, quick ratio 5.67) and a PE of 7.26; its 50‑ and 200‑day moving averages (GBX 1,506.66 and GBX 1,392.77) sit below the current price.
• Business profile: Anglo‑Eastern owns and manages palm oil and rubber plantations in Indonesia and Malaysia and states a commitment to responsible development and management.

Anglo-Eastern Plantations Plc (LON:AEP - )'s stock price hit a new 52-week high on Tuesday . The stock traded as high as GBX 1,635 and last traded at GBX 1,625, with a volume of 27454 shares trading hands. The stock had previously closed at GBX 1,625.

Anglo-Eastern Plantations Stock Down 0.3%

The company has a debt-to-equity ratio of 0.11, a current ratio of 6.24 and a quick ratio of 5.67. The company has a market cap of £627.01 million, a PE ratio of 7.26 and a beta of 0.19. The business's 50 day moving average is GBX 1,506.66 and its 200-day moving average is GBX 1,392.77.

About Anglo-Eastern Plantations

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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