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Anglo-Eastern Plantations (LON:AEP) Sets New 12-Month High - Should You Buy?

Anglo-Eastern Plantations logo with Consumer Defensive background

Key Points

  • Anglo-Eastern Plantations Plc achieved a new 52-week high stock price of GBX 1,324.75 ($17.96) during mid-day trading, closing at GBX 1,311.57 ($17.78).
  • The company has a market capitalization of £520.13 million and a high P/E ratio of 592.21, indicating significant growth expectations or potential valuation issues.
  • Insider transactions show strong confidence in the company, with insiders purchasing 2,000 shares valued at $2,355,000 over the past three months.
  • Five stocks we like better than Anglo-Eastern Plantations.

Anglo-Eastern Plantations Plc (LON:AEP - Get Free Report)'s share price reached a new 52-week high during trading on Monday . The company traded as high as GBX 1,324.75 ($17.96) and last traded at GBX 1,311.57 ($17.78), with a volume of 323363 shares traded. The stock had previously closed at GBX 1,240.10 ($16.81).

Anglo-Eastern Plantations Price Performance

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 company has a market cap of £512.28 million, a price-to-earnings ratio of 583.27 and a beta of 0.50. The business has a fifty day moving average price of GBX 1,084.29 and a 200 day moving average price of GBX 876.28.

Insider Transactions at Anglo-Eastern Plantations

In other news, insider Marcus Chan bought 1,000 shares of the stock in a transaction on Tuesday, August 19th. The stock was acquired at an average price of GBX 1,140 per share, with a total value of £11,400. Over the last ninety days, insiders bought 2,000 shares of company stock valued at $2,355,000. 53.92% of the stock is owned by corporate insiders.

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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