Insider Buying: Anglo-Eastern Plantations (LON:AEP) Insider Buys 500 Shares of Stock

Key Points

• Marcus Chan, an insider at Anglo-Eastern Plantations, purchased a total of 1,000 shares along with two additional transactions, amounting to investments of over £21,000 on August 21st.
• Anglo-Eastern Plantations has recently seen its stock trading at GBX 1,244.30, showing a 1.6% increase following these insider trades.
• The company has a market cap of £622.09 million and notable financial ratios, including a P/E ratio of 9.63 and a debt-to-equity ratio of 0.18.

Anglo-Eastern Plantations Plc (LON:AEP - Get Free Report) insider Marcus Chan purchased 500 shares of the company's stock in a transaction that occurred on Thursday, August 21st. The shares were purchased at an average cost of GBX 1,200 per share, with a total value of £6,000.

Marcus Chan also recently made the following trade(s):

• On Thursday, August 21st, Marcus Chan purchased 323 shares of Anglo-Eastern Plantations stock. The shares were purchased at an average cost of GBX 1,230 per share, with a total value of £3,972.90.
• On Thursday, August 21st, Marcus Chan acquired 177 shares of Anglo-Eastern Plantations stock. The shares were bought at an average price of GBX 1,230 per share, for a total transaction of £2,177.10.
• On Tuesday, August 19th, Marcus Chan acquired 1,000 shares of Anglo-Eastern Plantations stock. The shares were bought at an average price of GBX 1,140 per share, for a total transaction of £11,400.

Anglo-Eastern Plantations Price Performance

Anglo-Eastern Plantations stock traded up GBX 10 during mid-day trading on Wednesday, reaching GBX 1,250. 45,516 shares of the company were exchanged, compared to its average volume of 21,283. The company has a fifty day simple moving average of GBX 950.65 and a 200-day simple moving average of GBX 808.60. The firm has a market cap of £624.94 million, a PE ratio of 9.67 and a beta of 0.50. Anglo-Eastern Plantations Plc has a 12 month low of GBX 600 and a 12 month high of GBX 1,275. The company has a debt-to-equity ratio of 0.18, a current ratio of 6.64 and a quick ratio of 5.67.

About Anglo-Eastern Plantations

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.