M.P. Evans Group (LON:MPE) Stock Passes Above 200-Day Moving Average of $776.00

M.P. Evans Group PLC (LON:MPE)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 776 ($9.86) and traded as high as GBX 879.76 ($11.18). M.P. Evans Group shares last traded at GBX 870 ($11.06), with a volume of 36,539 shares.

M.P. Evans Group Stock Up 0.2 %

The company has a debt-to-equity ratio of 10.77, a current ratio of 1.83 and a quick ratio of 1.91. The firm has a market capitalization of £461.27 million, a P/E ratio of 1,129.87 and a beta of 0.66. The firm’s 50 day moving average is GBX 831.78 and its two-hundred day moving average is GBX 776.98.

M.P. Evans Group Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, June 19th. Stockholders of record on Thursday, April 25th will be issued a dividend of GBX 32.50 ($0.41) per share. This is a positive change from M.P. Evans Group’s previous dividend of $12.50. This represents a dividend yield of 4.33%. The ex-dividend date of this dividend is Thursday, April 25th. M.P. Evans Group’s dividend payout ratio is 5,844.16%.

Insiders Place Their Bets

In other M.P. Evans Group news, insider Matthew Coulson sold 4,649 shares of the company’s stock in a transaction dated Thursday, April 4th. The stock was sold at an average price of GBX 808 ($10.27), for a total value of £37,563.92 ($47,742.65). Insiders own 50.98% of the company’s stock.

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.