M.P. Evans Group (LON:MPE) Insider Matthew Coulson Sells 8,450 Shares of 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 shares were 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 stock was sold at an average price of GBX 1,232, for a total transaction of £114,945.60.

M.P. Evans Group Stock Performance

MPE opened at GBX 1,315 on Friday. The company has a debt-to-equity ratio of 8.89, a quick ratio of 1.91 and a current ratio of 1.70. The stock has a market capitalization of £686.11 million, a price-to-earnings ratio of 6.53 and a beta of 0.69. The company has a fifty day moving average of GBX 1,251.90 and a 200 day moving average of GBX 1,283.83. M.P. Evans Group PLC has a fifty-two week low of GBX 912 and a fifty-two week high of GBX 1,400.

Analysts Set New Price Targets

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

M.P. Evans Group Company Profile

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.