Anglo-Eastern Plantations (LON:AEP) Stock Price Crosses Below 200-Day Moving Average – Here’s Why

Anglo-Eastern Plantations Plc (LON:AEPGet Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 656.73 ($8.53) and traded as low as GBX 646 ($8.39). Anglo-Eastern Plantations shares last traded at GBX 674 ($8.75), with a volume of 21,954 shares changing hands.

Anglo-Eastern Plantations Price Performance

The company has a fifty day simple moving average of GBX 624.64 and a two-hundred day simple moving average of GBX 656.73. The stock has a market capitalization of £262.77 million, a price-to-earnings ratio of 591.23 and a beta of 0.50. The company has a debt-to-equity ratio of 0.18, a quick ratio of 5.67 and a current ratio of 6.64.

Anglo-Eastern Plantations Company Profile

(Get Free Report)

Anglo-Eastern Plantations Plc, together with its subsidiaries, owns, operates, and develops agriculture plantations in Indonesia and Malaysia. The company primarily produces crude palm oil, palm kernels, shell nuts, fresh fruit bunches, biomass, and biogas products, as well as rubber slabs. It also operates biogas plants that generates and sells surplus electricity to the national grid.

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