Anglo-Eastern Plantations (LON:AEP) Share Price Passes Above 50 Day Moving Average of $705.07

Shares of Anglo-Eastern Plantations Plc (LON:AEP) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 705.07 ($8.73) and traded as high as GBX 758 ($9.39). Anglo-Eastern Plantations shares last traded at GBX 750 ($9.29), with a volume of 12,182 shares.

Anglo-Eastern Plantations Trading Up 0.8 %

The stock has a market cap of £299.53 million, a PE ratio of 789.47 and a beta of 0.55. The business’s fifty day moving average is GBX 705.07 and its 200 day moving average is GBX 772.47. The company has a quick ratio of 5.67, a current ratio of 8.43 and a debt-to-equity ratio of 0.07.

Anglo-Eastern Plantations Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, October 6th. Investors of record on Thursday, September 7th will be issued a dividend of $0.15 per share. This represents a yield of 1.7%. The ex-dividend date is Thursday, September 7th. Anglo-Eastern Plantations’s dividend payout ratio is currently 3,368.42%.

About Anglo-Eastern Plantations

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