Insider Selling: M.P. Evans Group PLC (LON:MPE) Insider Sells 820 Shares of Stock

M.P. Evans Group PLC (LON:MPE) insider K Chandra Sekaran sold 820 shares of the firm’s stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of GBX 940 ($12.24), for a total value of £7,708 ($10,033.85).

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 ($12.24), for a total value of £37,412 ($48,700.86).

M.P. Evans Group Price Performance

MPE stock opened at GBX 914 ($11.90) on Friday. 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 firm has a 50 day moving average price of GBX 911.90 and a 200-day moving average price of GBX 876.12. M.P. Evans Group PLC has a 52-week low of GBX 706 ($9.19) and a 52-week high of GBX 994 ($12.94). The firm has a market capitalization of £482.59 million, a price-to-earnings ratio of 972.34 and a beta of 0.69.

M.P. Evans Group Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, November 1st. Shareholders of record on Thursday, October 10th were issued a GBX 15 ($0.20) 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 5,106.38%.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 1,250 ($16.27) target price 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.