Anglo-Eastern Plantations (LON:AEP) Trading Up 0.5% - Time to Buy?

Shares of Anglo-Eastern Plantations Plc (LON:AEP - Get Free Report) were up 0.5% during trading on Wednesday . The stock traded as high as GBX 812 ($10.99) and last traded at GBX 800 ($10.83). Approximately 28,114 shares traded hands during mid-day trading, an increase of 92% from the average daily volume of 14,643 shares. The stock had previously closed at GBX 796 ($10.77).

Anglo-Eastern Plantations Price Performance

The company has a current ratio of 6.64, a quick ratio of 5.67 and a debt-to-equity ratio of 0.18. The firm's fifty day moving average price is GBX 750.16 and its 200 day moving average price is GBX 695.38. The firm has a market capitalization of £413.96 million, a PE ratio of 6.41 and a beta of 0.50.

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.