Shares of M.P. Evans Group PLC (LON:MPE - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,007.45 ($13.65) and traded as high as GBX 1,055 ($14.30). M.P. Evans Group shares last traded at GBX 1,035 ($14.03), with a volume of 15,619 shares traded.
Analyst Ratings Changes
Separately, Canaccord Genuity Group restated a "buy" rating and set a GBX 1,500 ($20.33) price objective on shares of M.P. Evans Group in a research report on Thursday, April 17th.
Get Our Latest Analysis on MPE
M.P. Evans Group Price Performance
The stock has a market capitalization of £675.09 million, a P/E ratio of 10.48 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's 50 day simple moving average is GBX 1,018.60 and its two-hundred day simple moving average is GBX 1,007.61.
M.P. Evans Group Increases Dividend
The company also recently announced a dividend, which will be paid on Thursday, June 19th. Shareholders of record on Thursday, April 24th will be given a dividend of GBX 37.50 ($0.51) per share. The ex-dividend date is Thursday, April 24th. This represents a dividend yield of 3.64%. This is a boost from M.P. Evans Group's previous dividend of $15.00. M.P. Evans Group's dividend payout ratio (DPR) is currently 48.36%.
Insider Activity at M.P. Evans Group
In other M.P. Evans Group news, insider Matthew Coulson sold 6,448 shares of the business's stock in a transaction dated Tuesday, April 22nd. The shares were sold at an average price of GBX 984 ($13.34), for a total value of £63,448.32 ($85,984.98). 48.63% of the stock is owned by company insiders.
About M.P. Evans Group
(
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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