Anglo-Eastern Plantations (LON:AEP) Shares Cross Above 50-Day Moving Average – Should You Sell?

Anglo-Eastern Plantations Plc (LON:AEPGet Free Report)’s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 1,338.72 and traded as high as GBX 1,340. Anglo-Eastern Plantations shares last traded at GBX 1,330, with a volume of 5,357 shares trading hands.

Anglo-Eastern Plantations Stock Performance

The stock’s 50-day simple moving average is GBX 1,338.72 and its 200 day simple moving average is GBX 1,170.47. The company has a debt-to-equity ratio of 0.18, a quick ratio of 5.67 and a current ratio of 6.64. The company has a market capitalization of £515.89 million, a PE ratio of 5.94 and a beta of 0.50.

About Anglo-Eastern Plantations

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Anglo-Eastern Plantations Plc, quoted on the London Stock Exchange, owns, operates and develops plantations in Indonesia and Malaysia, which produce mainly palm oil and some rubber. The Group is committed to responsible development and management of its plantations and facilities for the benefit of the environment and society in which it operates in.

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