M.P. Evans Group PLC (LON:MPE - Get Free Report)'s share price reached a new 52-week high during trading on Friday . The stock traded as high as GBX 1,145 ($15.72) and last traded at GBX 1,113.20 ($15.29), with a volume of 2853 shares trading hands. The stock had previously closed at GBX 1,100 ($15.11).
Analysts Set New Price Targets
Separately, Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 1,500 ($20.60) target price on shares of M.P. Evans Group in a research report on Thursday, April 17th.
Check Out Our Latest Stock Analysis on MPE
M.P. Evans Group Stock Up 2.2%
The stock has a 50-day moving average price of GBX 1,044.91 and a 200-day moving average price of GBX 1,019.75. The company has a market capitalization of £726.48 million, a P/E ratio of 11.28 and a beta of 0.69. The company has a debt-to-equity ratio of 8.89, a current ratio of 1.70 and a quick ratio of 1.91.
Insider Buying and Selling
In related news, insider Matthew Coulson sold 6,448 shares of the firm's stock in a transaction that occurred on Tuesday, April 22nd. The stock was sold at an average price of GBX 984 ($13.51), for a total transaction of £63,448.32 ($87,130.35). 48.63% of the stock is owned by corporate insiders.
About M.P. Evans Group
(
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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”).
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