M.P. Evans Group PLC (LON:MPE - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,001.78 ($13.54) and traded as high as GBX 1,065 ($14.39). M.P. Evans Group shares last traded at GBX 1,055 ($14.26), with a volume of 29,710 shares.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group reaffirmed a "buy" rating and set a GBX 1,500 ($20.27) price objective on shares of M.P. Evans Group in a report on Thursday, April 17th.
Get Our Latest Stock Report on MPE
M.P. Evans Group Price Performance
The company has a debt-to-equity ratio of 8.89, a quick ratio of 1.91 and a current ratio of 1.70. The company has a 50-day moving average of GBX 1,012.46 and a 200-day moving average of GBX 1,003.86. The stock has a market capitalization of £684.82 million, a price-to-earnings ratio of 10.63 and a beta of 0.69.
M.P. Evans Group Increases Dividend
The firm also recently declared a dividend, which will be paid on Thursday, June 19th. Shareholders of record on Thursday, April 24th will be paid a GBX 37.50 ($0.51) dividend. This represents a yield of 3.64%. This is a positive change from M.P. Evans Group's previous dividend of $15.00. The ex-dividend date is Thursday, April 24th. M.P. Evans Group's dividend payout ratio (DPR) is presently 48.36%.
Insider Activity
In related news, insider Matthew Coulson sold 6,448 shares of the stock in a transaction on Tuesday, April 22nd. The stock was sold at an average price of GBX 984 ($13.30), for a total value of £63,448.32 ($85,740.97). Corporate insiders own 48.63% of the company's stock.
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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