Anglo-Eastern Plantations (LON:AEP) Stock Price Passes Above 50-Day Moving Average – Here’s What Happened

Anglo-Eastern Plantations Plc (LON:AEP)’s stock price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 651.12 ($8.21) and traded as high as GBX 682 ($8.60). Anglo-Eastern Plantations shares last traded at GBX 670 ($8.45), with a volume of 12,120 shares.

Anglo-Eastern Plantations Trading Down 0.9 %

The business’s fifty day moving average is GBX 651.12 and its 200-day moving average is GBX 644.80. 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 firm has a market cap of £334.97 million, a P/E ratio of 5.19 and a beta of 0.50.

About Anglo-Eastern Plantations

Anglo-Eastern Plantations Plc, together with its subsidiaries, owns, operates, and develops agriculture plantations in Indonesia and Malaysia. The company primarily produces crude palm oil, palm kernels, shell nuts, fresh fruit bunches, biomass, and biogas products, as well as rubber slabs. It also operates biogas plants that generates and sells surplus electricity to the national grid.