Anglo-Eastern Plantations (LON:AEP) Trading 14% Higher – Time to Buy?

Anglo-Eastern Plantations Plc (LON:AEPGet Free Report) traded up 14% during mid-day trading on Wednesday . The stock traded as high as GBX 2,290 and last traded at GBX 2,285.30. 438,840 shares traded hands during mid-day trading, an increase of 348% from the average session volume of 97,918 shares. The stock had previously closed at GBX 2,005.

Anglo-Eastern Plantations Stock Performance

The company has a market cap of £872.41 million, a P/E ratio of 9.81 and a beta of 0.15. The company’s 50-day moving average is GBX 1,756.61 and its two-hundred day moving average is GBX 1,528.10. The company has a quick ratio of 5.67, a current ratio of 8.69 and a debt-to-equity ratio of 0.09.

About Anglo-Eastern Plantations

(Get Free Report)

Anglo-Eastern Plantations Plc, quoted on the London Stock Exchange, owns, operates and develops plantations in Indonesia and Malaysia, which produce mainly palm oil and some rubber. The Group is committed to responsible development and management of its plantations and facilities for the benefit of the environment and society in which it operates in.

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