M.P. Evans Group (LON:MPE) Reaches New 52-Week High at $950.00

Posted by MarketBeat News on Sep 29th, 2024

M.P. Evans Group PLC (LON:MPE – Get Free Report)’s share price hit a new 52-week high during trading on Friday . The company traded as high as GBX 950 ($12.72) and last traded at GBX 948.80 ($12.70), with a volume of 21024 shares. The stock had previously closed at GBX 938 ($12.56).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 1,250 ($16.74) price objective on shares of M.P. Evans Group in a research note on Wednesday, September 18th.

Check Out Our Latest Analysis on M.P. Evans Group

M.P. Evans Group Trading Up 2.6 %

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The company has a market cap of £507.94 million, a PE ratio of 1,045.65 and a beta of 0.69. The company has a debt-to-equity ratio of 8.72, a quick ratio of 1.91 and a current ratio of 1.70. The stock has a fifty day moving average of GBX 869.35 and a 200-day moving average of GBX 849.71.

M.P. Evans Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, November 1st. Stockholders of record on Thursday, October 10th will be given a dividend of GBX 15 ($0.20) per share. This represents a dividend yield of 1.76%. The ex-dividend date is Thursday, October 10th. M.P. Evans Group’s payout ratio is 5,217.39%.

M.P. Evans Group Company Profile

(Get Free Report)

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.