M.P. Evans Group (LON:MPE) Reaches New 12-Month High - Still a Buy?

Key Points

• M.P. Evans Group hit a new 52-week high of GBX 1,550 and was last trading at GBX 1,543.66 (up ~1.3%) with 41,246 shares changing hands; its 50‑day and 200‑day SMAs are GBX 1,370.16 and GBX 1,318.84 respectively.
• The company has a market cap of £797.92m and a low P/E of 7.59, with strong liquidity (current ratio 3.43, quick ratio 1.91) but relatively high leverage (debt-to-equity 3.80).
• Insider Matthew Coulson sold 9,330 shares at an average price of GBX 1,232 on December 17, and insiders collectively own 8.70% of the stock.

M.P. Evans Group PLC (LON:MPE - )'s stock price hit a new 52-week high on Friday . The stock traded as high as GBX 1,550 and last traded at GBX 1,543.66, with a volume of 41246 shares trading hands. The stock had previously closed at GBX 1,510.

M.P. Evans Group Stock Up 1.3%

The stock's fifty day simple moving average is GBX 1,370.16 and its 200-day simple moving average is GBX 1,318.84. The stock has a market capitalization of £797.92 million, a PE ratio of 7.59 and a beta of 0.30. The company has a current ratio of 3.43, a quick ratio of 1.91 and a debt-to-equity ratio of 3.80.

Insiders Place Their Bets

In other M.P. Evans Group news, insider Matthew Coulson sold 9,330 shares of the company's stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of GBX 1,232, for a total value of £114,945.60. Company insiders own 8.70% of the company's stock.

About M.P. Evans Group

M.P. Evans Group PLC is a responsible producer of certified sustainable crude palm oil (“CPO”), with plantations in five Indonesian provinces: Aceh, Bangka Belitung, East Kalimantan, North Sumatra and South Sumatra. Headquartered in the UK, the Group's shares are traded on the London Stock Exchange's Alternative Investment Market (“AIM”). The Group was founded by Matthew Pennefather Evans in the 1870s and its long history in tropical agriculture includes experience in tea and rubber plantations.

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