M.P. Evans Group PLC (LON:MPE) Insider Sells £37,260 in Stock

M.P. Evans Group PLC (LON:MPE) insider K Chandra Sekaran sold 4,050 shares of the stock in a transaction on Monday, November 11th. The stock was sold at an average price of GBX 920 ($11.84), for a total value of £37,260 ($47,947.50).

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

• On Wednesday, November 6th, K Chandra Sekaran sold 3,980 shares of M.P. Evans Group stock. The stock was sold at an average price of GBX 940 ($12.10), for a total transaction of £37,412 ($48,143.10).
• 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 ($12.10), for a total transaction of £7,708 ($9,918.93).

M.P. Evans Group Stock Performance

M.P. Evans Group stock opened at GBX 930 ($11.97) on Friday. M.P. Evans Group PLC has a 12-month low of GBX 706 ($9.09) and a 12-month high of GBX 994 ($12.79). The stock has a 50-day simple moving average of GBX 915.86 and a 200 day simple moving average of GBX 877.72. The company has a quick ratio of 1.91, a current ratio of 1.70 and a debt-to-equity ratio of 8.72. The stock has a market capitalization of £491.04 million, a price-to-earnings ratio of 985.11 and a beta of 0.69.

M.P. Evans Group Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, November 1st. Investors of record on Thursday, October 10th were given a GBX 15 ($0.19) dividend. This represents a yield of 1.76%. The ex-dividend date of this dividend was Thursday, October 10th. M.P. Evans Group’s dividend payout ratio (DPR) is presently 5,106.38%.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 1,250 ($16.09) target price on shares of M.P. Evans Group in a report on Wednesday, September 18th.

M.P. Evans Group Company Profile

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.