Matthew Coulson Sells 9,330 Shares of M.P. Evans Group (LON:MPE) Stock

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

M.P. Evans Group Stock Down 0.8%

MPE stock opened at GBX 1,200 on Friday. The company has a current ratio of 1.70, a quick ratio of 1.91 and a debt-to-equity ratio of 8.89. The firm has a market capitalization of £626.11 million, a PE ratio of 5.96 and a beta of 0.69. The business’s 50 day simple moving average is GBX 1,278.48 and its 200 day simple moving average is GBX 1,259.90. M.P. Evans Group PLC has a 1-year low of GBX 912 and a 1-year high of GBX 1,400.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 1,650 price target 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, Based on data from MarketBeat, M.P. Evans Group presently 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.