M.P. Evans Group PLC (LON:MPE) Insider K Chandra Sekaran Sells 3,980 Shares

M.P. Evans Group PLC (LON:MPE) insider K Chandra Sekaran sold 3,980 shares of M.P. Evans Group stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of GBX 940 ($12.24), for a total transaction of £37,412 ($48,700.86).

K Chandra Sekaran also recently made the following trade(s):

• On Monday, November 4th, K Chandra Sekaran sold 820 shares of M.P. Evans Group stock. The stock was sold at an average price of GBX 940 ($12.24), for a total transaction of £7,708 ($10,033.85).

M.P. Evans Group Trading Down 0.4 %

MPE stock opened at GBX 920 ($11.98) on Friday. The company has a market capitalization of £485.76 million, a PE ratio of 978.72 and a beta of 0.69. M.P. Evans Group PLC has a one year low of GBX 706 ($9.19) and a one year high of GBX 994 ($12.94). The company’s 50 day moving average price is GBX 910.82 and its two-hundred day moving average price is GBX 875.53. The company has a debt-to-equity ratio of 8.72, a quick ratio of 1.91 and a current ratio of 1.70.

M.P. Evans Group Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, November 1st. Investors of record on Thursday, October 10th were paid a GBX 15 ($0.20) dividend. This represents a dividend yield of 1.76%. The ex-dividend date of this dividend was Thursday, October 10th. M.P. Evans Group’s payout ratio is 5,106.38%.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 1,250 ($16.27) price target on shares of M.P. Evans Group in a research note on Wednesday, September 18th.

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.