K Chandra Sekaran Sells 3,980 Shares of M.P. Evans Group PLC (LON:MPE) Stock

M.P. Evans Group PLC (LON:MPE) insider K Chandra Sekaran sold 3,980 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of GBX 940 ($12.24), for a total value of £37,412 ($48,700.86).

K Chandra Sekaran also recently made the following trade(s):

• On Monday, November 4th, K Chandra Sekaran sold 820 shares of M.P. Evans Group stock. The shares were sold at an average price of GBX 940 ($12.24), for a total value of £7,708 ($10,033.85).

M.P. Evans Group Stock Performance

LON MPE opened at GBX 914 ($11.90) on Friday. The business has a 50 day moving average price of GBX 911.90 and a 200 day moving average price of GBX 876.01. The company has a debt-to-equity ratio of 8.72, a current ratio of 1.70 and a quick ratio of 1.91. The company has a market capitalization of £482.59 million, a P/E ratio of 972.34 and a beta of 0.69. M.P. Evans Group PLC has a 1-year low of GBX 706 ($9.19) and a 1-year high of GBX 994 ($12.94).

M.P. Evans Group Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, November 1st. Investors of record on Thursday, October 10th were given a GBX 15 ($0.20) dividend. The ex-dividend date was Thursday, October 10th. This represents a dividend yield of 1.76%. M.P. Evans Group’s dividend payout ratio is presently 5,106.38%.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 1,250 ($16.27) price target on shares of M.P. Evans Group in a research note on Wednesday, September 18th.

About M.P. Evans Group

M.P. Evans Group PLC, through its subsidiaries, engages in the ownership and development of oil palm plantations in Indonesia and Malaysia. The company operates through Plantation, Property, and Other segments. It produces and sells crude palm oil and palm kernels. The company is also involved in the property development; and oil-palm fresh fruit bunches production businesses, as well as provision of agronomic and management consultancy services.