M.P. Evans Group (LON:MPE) Insider Sells £104,695.50 in Stock

M.P. Evans Group PLC (LON:MPE) insider Matthew Coulson sold 8,450 shares of M.P. Evans Group stock in a transaction that occurred on Thursday, January 22nd. The stock was sold at an average price of GBX 1,239, for a total transaction of £104,695.50.

Matthew Coulson also recently made the following trade(s):

• On Wednesday, December 17th, Matthew Coulson sold 9,330 shares of M.P. Evans Group stock. The shares were sold at an average price of GBX 1,232, for a total transaction of £114,945.60.

M.P. Evans Group Price Performance

Shares of MPE opened at GBX 1,315 on Monday. The company has a current ratio of 1.70, a quick ratio of 1.91 and a debt-to-equity ratio of 8.89. The firm has a market capitalization of £686.11 million, a price-to-earnings ratio of 6.53 and a beta of 0.69. The firm’s fifty day simple moving average is GBX 1,251.90 and its 200-day simple moving average is GBX 1,285.33. M.P. Evans Group PLC has a twelve month low of GBX 912 and a twelve month high of GBX 1,400.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 1,650 price target on shares of M.P. Evans Group in a research report on Tuesday, November 11th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of GBX 1,650.

About M.P. Evans Group

M.P. Evans Group PLC is a responsible producer of certified sustainable crude palm oil (“CPO”), with plantations in five Indonesian provinces: Aceh, Bangka Belitung, East Kalimantan, North Sumatra and South Sumatra.

Headquartered in the UK, the Group’s shares are traded on the London Stock Exchange’s Alternative Investment Market (“AIM”).

The Group was founded by Matthew Pennefather Evans in the 1870s and its long history in tropical agriculture includes experience in tea and rubber plantations.