K Chandra Sekaran Sells 4,050 Shares of M.P. Evans Group PLC (LON:MPE) Stock

M.P. Evans Group PLC (LON:MPE) insider K Chandra Sekaran sold 4,050 shares of the stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of GBX 920 ($11.84), for a total transaction 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 value of £7,708 ($9,918.93).

M.P. Evans Group Stock Performance

MPE stock opened at GBX 934 ($12.02) on Wednesday. The firm has a 50-day simple moving average of GBX 912.90 and a two-hundred day simple moving average of GBX 876.39. The company has a debt-to-equity ratio of 8.72, a quick ratio of 1.91 and a current ratio of 1.70. M.P. Evans Group PLC has a one year low of GBX 706 ($9.09) and a one year high of GBX 994 ($12.79). The firm has a market cap of £493.15 million, a price-to-earnings ratio of 976.60 and a beta of 0.69.

M.P. Evans Group Cuts Dividend

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

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 1,250 ($16.09) price objective on shares of M.P. Evans Group in a research note 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.