M.P. Evans Group (LON:MPE) Share Price Passes Below 200 Day Moving Average of $576.40

Shares of M.P. Evans Group PLC (LON:MPE) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $576.40 and traded as low as $570.00. M.P. Evans Group shares last traded at $570.00, with a volume of 4,534 shares trading hands.

A number of equities research analysts have recently issued reports on MPE shares. Peel Hunt restated a “buy” rating on shares of M.P. Evans Group in a report on Tuesday, July 21st. FinnCap restated a “corporate” rating on shares of M.P. Evans Group in a report on Tuesday, July 28th.

The stock’s fifty day moving average price is GBX 588.86 and its 200-day moving average price is GBX 576.40. The company has a debt-to-equity ratio of 27.08, a current ratio of 1.25 and a quick ratio of 1.02. The firm has a market cap of $326.94 million and a price-to-earnings ratio of 28.08.

The company also recently declared a dividend, which will be paid on Friday, November 6th. Stockholders of record on Thursday, October 15th will be issued a dividend of GBX 5 ($0.07) per share. The ex-dividend date is Thursday, October 15th. This represents a dividend yield of 0.87%. M.P. Evans Group’s dividend payout ratio is currently 88.67%.

About M.P. Evans Group (LON:MPE)

M.P. Evans Group PLC, through its subsidiaries, operates oil palm plantations in Indonesia. The company produces crude palm oil and palm kernels. It is also involved in the property development and oil-palm fresh fruit bunches production businesses in Malaysia; and the provision of agronomic and management consultancy services.

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