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

M.P. Evans Group PLC (LON:MPE) insider K Chandra Sekaran sold 3,980 shares of M.P. Evans Group stock in a transaction that occurred on Wednesday, November 6th. The shares were 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 Down 0.4 %

LON:MPE traded down GBX 4 ($0.05) during trading hours on Thursday, reaching GBX 920 ($11.98). 10,574 shares of the company traded hands, compared to its average volume of 40,789. The business’s 50-day moving average price is GBX 909.62 and its two-hundred day moving average price is GBX 874.96. The stock has a market capitalization of £485.76 million, a P/E ratio of 985.11 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). The company has a current ratio of 1.70, a quick ratio of 1.91 and a debt-to-equity ratio of 8.72.

M.P. Evans Group Cuts Dividend

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

Wall Street Analyst Weigh In

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