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Anglo-Eastern Plantations (LON:AEP) Hits New 12-Month High - Time to Buy?

Anglo-Eastern Plantations logo with Consumer Defensive background

Key Points

  • Anglo-Eastern Plantations Plc shares reached a new 52-week high during trading, hitting GBX 930 ($12.36) before closing at GBX 916 ($12.17).
  • The company has a market capitalization of £457.95 million and a low debt-to-equity ratio of 0.18, indicating strong financial health.
  • Anglo-Eastern specializes in producing crude palm oil and operates biogas plants that contribute to electrical generation for the national grid.
  • MarketBeat previews the top five stocks to own by October 1st.

Shares of Anglo-Eastern Plantations Plc (LON:AEP - Get Free Report) reached a new 52-week high on Tuesday . The stock traded as high as GBX 930 ($12.51) and last traded at GBX 916 ($12.32), with a volume of 127641 shares traded. The stock had previously closed at GBX 894 ($12.02).

Anglo-Eastern Plantations Stock Up 3.4%

The company has a debt-to-equity ratio of 0.18, a quick ratio of 5.67 and a current ratio of 6.64. The firm's 50-day moving average is GBX 863.73 and its two-hundred day moving average is GBX 763.95. The stock has a market cap of £480.95 million, a P/E ratio of 7.45 and a beta of 0.50.

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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