M.P. Evans Group (LON:MPE) Hits New 12-Month High – Should You Buy?

M.P. Evans Group PLC (LON:MPEGet Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 1,040 ($12.97) and last traded at GBX 978 ($12.20), with a volume of 31945 shares changing hands. The stock had previously closed at GBX 998 ($12.45).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 1,250 ($15.59) price target on shares of M.P. Evans Group in a research report on Wednesday, September 18th.

Check Out Our Latest Stock Report on MPE

M.P. Evans Group Stock Performance

The stock has a market cap of £513.22 million, a PE ratio of 1,034.04 and a beta of 0.69. The firm’s 50-day moving average is GBX 964.21 and its 200 day moving average is GBX 910.84. The company has a debt-to-equity ratio of 8.72, a quick ratio of 1.91 and a current ratio of 1.70.

Insider Buying and Selling at M.P. Evans Group

In other M.P. Evans Group news, insider K Chandra Sekaran sold 3,980 shares of M.P. Evans Group stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of GBX 940 ($11.73), for a total value of £37,412 ($46,671.66). Over the last three months, insiders have sold 8,850 shares of company stock worth $8,238,000. 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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