Shares of M.P. Evans Group PLC (LON:MPE - Get Free Report) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 986.40 ($13.14) and traded as low as GBX 934 ($12.45). M.P. Evans Group shares last traded at GBX 938 ($12.50), with a volume of 49,210 shares.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group reaffirmed a "buy" rating and issued a GBX 1,500 ($19.99) price objective on shares of M.P. Evans Group in a research note on Thursday, April 17th.
View Our Latest Analysis on M.P. Evans Group
M.P. Evans Group Stock Up 0.5 %
The stock has a market cap of £655.61 million, a P/E ratio of 10.18 and a beta of 0.69. The company has a quick ratio of 1.91, a current ratio of 1.70 and a debt-to-equity ratio of 8.89. The business has a 50-day simple moving average of GBX 1,000.68 and a 200-day simple moving average of GBX 988.05.
M.P. Evans Group Increases Dividend
The business also recently disclosed a dividend, which will be paid on Thursday, June 19th. Stockholders of record on Thursday, April 24th will be paid a GBX 37.50 ($0.50) dividend. This is an increase from M.P. Evans Group's previous dividend of $15.00. The ex-dividend date of this dividend is Thursday, April 24th. This represents a dividend yield of 3.64%. M.P. Evans Group's dividend payout ratio (DPR) is presently 48.36%.
Insiders Place Their Bets
In other news, insider Matthew Coulson sold 6,448 shares of the stock in a transaction that occurred on Tuesday, April 22nd. The stock was sold at an average price of GBX 984 ($13.11), for a total value of £63,448.32 ($84,541.40). Corporate insiders own 48.63% of the company's stock.
M.P. Evans Group Company Profile
(
Get Free Report)
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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