Anglo-Eastern Plantations (LON:AEP) Sets New 12-Month High on Insider Buying Activity

Key Points

• Anglo-Eastern Plantations Plc's stock reached a new 52-week high of GBX 1,187.50 ($16.02) during trading, closing at GBX 1,180 ($15.92) with a trading volume of 67,612 shares.
• The company's market capitalization is approximately £597.44 million, with a low price-to-earnings ratio of 9.25 and a debt-to-equity ratio of 0.18.
• Anglo-Eastern Plantations operates agriculture plantations in Indonesia and Malaysia, primarily producing crude palm oil and other agricultural products, as well as generating and selling electricity from biogas plants.

Anglo-Eastern Plantations Plc (LON:AEP - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday following insider buying activity. The stock traded as high as GBX 1,187.50 ($16.05) and last traded at GBX 1,180 ($15.95), with a volume of 67612 shares changing hands. The stock had previously closed at GBX 1,135 ($15.34).

Specifically, insider Marcus Chan purchased 1,000 shares of Anglo-Eastern Plantations stock in a transaction that occurred on Tuesday, August 19th. The stock was acquired at an average price of GBX 1,140 per share, for a total transaction of £11,400.

Anglo-Eastern Plantations Stock Up 2.0%

The stock has a market cap of £624.94 million, a P/E ratio of 9.67 and a beta of 0.50. The firm has a 50 day simple moving average of GBX 934.25 and a 200-day simple moving average of GBX 800.57. The company has a quick ratio of 5.67, a current ratio of 6.64 and a debt-to-equity ratio of 0.18.

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.