Insider Selling: M.P. Evans Group (LON:MPE) Insider Sells 8,450 Shares of Stock

M.P. Evans Group PLC (LON:MPE) insider Matthew Coulson sold 8,450 shares of the stock in a transaction on Thursday, January 22nd. The stock was sold at an average price of GBX 1,239, for a total transaction of £104,695.50.

Matthew Coulson also recently made the following trade(s):

• On Wednesday, December 17th, Matthew Coulson sold 9,330 shares of M.P. Evans Group stock. The shares were sold at an average price of GBX 1,232, for a total value of £114,945.60.

M.P. Evans Group Stock Up 0.4%

MPE traded up GBX 5 on Friday, hitting GBX 1,315. 65,315 shares of the company were exchanged, compared to its average volume of 58,597. The stock’s fifty day moving average is GBX 1,251.50 and its 200-day moving average is GBX 1,282.89. M.P. Evans Group PLC has a 12 month low of GBX 912 and a 12 month high of GBX 1,400. 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 market cap of £686.11 million, a PE ratio of 6.53 and a beta of 0.69.

Analyst Ratings Changes

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

M.P. Evans Group Company Profile

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.