Anglo-Eastern Plantations (LON:AEP) Hits New 1-Year High - Still a Buy?

Key Points

• Anglo-Eastern Plantations reached a new 52-week high of GBX 1,260 ($16.99) during trading, reflecting a 1.6% increase from its previous close of GBX 1,240 ($16.72).
• The company has a market cap of £629.94 million, with a PE ratio of 9.75 and a low debt-to-equity ratio of 0.18, indicating solid financial health.
• Insider activity shows that 70.46% of the stock is currently owned by insiders, who have recently purchased a total of 2,000 shares valued at $2,355,000 over the last quarter.

Anglo-Eastern Plantations Plc (LON:AEP - Get Free Report)'s stock price reached a new 52-week high on Wednesday . The company traded as high as GBX 1,260 ($17.02) and last traded at GBX 1,260 ($17.02), with a volume of 243962 shares trading hands. The stock had previously closed at GBX 1,240 ($16.75).

Anglo-Eastern Plantations Stock Performance

The stock has a market cap of £486.52 million, a PE ratio of 722.73 and a beta of 0.50. The company has a debt-to-equity ratio of 0.18, a current ratio of 6.64 and a quick ratio of 5.67. The business has a 50 day moving average price of GBX 975.13 and a two-hundred day moving average price of GBX 820.61.

Insider Buying and Selling at Anglo-Eastern Plantations

In related news, insider Marcus Chan acquired 500 shares of the company's stock in a transaction dated Thursday, August 21st. The stock was purchased at an average price of GBX 1,200 per share, with a total value of £6,000. Insiders purchased a total of 2,000 shares of company stock worth $2,355,000 over the last ninety days. Corporate insiders own 53.82% of the company's stock.

Anglo-Eastern Plantations Company Profile

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.