M.P. Evans Group PLC (LON:MPE) Insider K Chandra Sekaran Sells 14,000 Shares

M.P. Evans Group PLC (LON:MPEGet Rating) insider K Chandra Sekaran sold 14,000 shares of the firm’s stock in a transaction that occurred on Friday, April 22nd. The stock was sold at an average price of GBX 1,061 ($13.80), for a total value of £148,540 ($193,260.47).

M.P. Evans Group stock traded down GBX 93 ($1.21) during mid-day trading on Monday, reaching GBX 982 ($12.78). 291,141 shares of the company were exchanged, compared to its average volume of 44,106. M.P. Evans Group PLC has a twelve month low of GBX 670 ($8.72) and a twelve month high of GBX 1,090 ($14.18). The firm’s 50-day simple moving average is GBX 952.18 and its two-hundred day simple moving average is GBX 875.99. The company has a debt-to-equity ratio of 15.97, a quick ratio of 1.68 and a current ratio of 2.13. The firm has a market cap of £535.09 million and a PE ratio of 8.87.

The business also recently disclosed a dividend, which will be paid on Friday, June 17th. Shareholders of record on Thursday, April 28th will be given a dividend of GBX 25 ($0.33) per share. This represents a yield of 2.6%. This is a boost from M.P. Evans Group’s previous dividend of $5.00. The ex-dividend date is Thursday, April 28th. M.P. Evans Group’s dividend payout ratio (DPR) is presently 0.31%.

Separately, Peel Hunt restated a “buy” rating and set a GBX 1,140 ($14.83) price target on shares of M.P. Evans Group in a research note on Tuesday, April 12th.

About M.P. Evans Group (Get Rating)

M.P. Evans Group PLC, through its subsidiaries, engages in the ownership, management, and development of oil palm plantations in Indonesia. It operates through Plantation Indonesia and Property Malaysia segments. The company produces crude palm oil and palm kernels. It 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.

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