M.P. Evans Group PLC (LON:MPE - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,001.78 ($13.50) and traded as high as GBX 1,065 ($14.35). M.P. Evans Group shares last traded at GBX 1,055 ($14.21), with a volume of 29,710 shares trading hands.
Analyst Ratings Changes
Separately, Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 1,500 ($20.21) price objective on shares of M.P. Evans Group in a research note on Thursday, April 17th.
Get Our Latest Stock Report on MPE
M.P. Evans Group Stock Performance
The firm has a market cap of £672.47 million, a price-to-earnings ratio of 10.44 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 stock has a fifty day moving average price of GBX 1,016.26 and a 200-day moving average price of GBX 1,004.56.
M.P. Evans Group Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Thursday, June 19th. Investors of record on Thursday, April 24th will be issued a dividend of GBX 37.50 ($0.51) per share. This represents a yield of 3.64%. The ex-dividend date is Thursday, April 24th. This is a positive change from M.P. Evans Group's previous dividend of $15.00. M.P. Evans Group's dividend payout ratio is currently 48.36%.
Insider Buying and Selling
In other M.P. Evans Group news, insider Matthew Coulson sold 6,448 shares of the company's stock in a transaction on Tuesday, April 22nd. The stock was sold at an average price of GBX 984 ($13.26), for a total value of £63,448.32 ($85,475.31). 48.63% of the stock is currently 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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