Insider Selling: M.P. Evans Group (LON:MPE) Insider Sells £114,945.60 in Stock

M.P. Evans Group PLC (LON:MPE) insider Matthew Coulson sold 9,330 shares of the business’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of GBX 1,232, for a total transaction of £114,945.60.

M.P. Evans Group Trading Down 0.8%

LON MPE opened at GBX 1,200 on Monday. The firm has a market cap of £626.11 million, a price-to-earnings ratio of 5.96 and a beta of 0.69. The company has a debt-to-equity ratio of 8.89, a quick ratio of 1.91 and a current ratio of 1.70. M.P. Evans Group PLC has a one year low of GBX 912 and a one year high of GBX 1,400. The firm has a 50 day simple moving average of GBX 1,278.48 and a 200-day simple moving average of GBX 1,261.44.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 1,650 price objective on shares of M.P. Evans Group in a research note on Tuesday, November 11th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of GBX 1,650.

About M.P. Evans Group

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”).

The Group was founded by Matthew Pennefather Evans in the 1870s and its long history in tropical agriculture includes experience in tea and rubber plantations.