Shares of M.P. Evans Group PLC (LON:MPE – Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as GBX 1,045 ($13.02) and last traded at GBX 1,045 ($13.02), with a volume of 3583 shares. The stock had previously closed at GBX 1,020 ($12.71).
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group raised their price objective on shares of M.P. Evans Group from GBX 1,350 ($16.82) to GBX 1,400 ($17.45) and gave the company a “buy” rating in a research report on Tuesday, January 21st.
Check Out Our Latest Stock Report on MPE
M.P. Evans Group Price Performance
Insiders Place Their Bets
In related news, insider K Chandra Sekaran sold 4,050 shares of the stock in a transaction dated Monday, November 11th. The stock was sold at an average price of GBX 920 ($11.47), for a total transaction of £37,260 ($46,435.69). Over the last ninety days, insiders have sold 8,850 shares of company stock valued at $8,238,000. 48.63% of the stock is currently owned by corporate insiders.
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”).
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