Matthew Coulson Sells 8,450 Shares of M.P. Evans Group (LON:MPE) Stock

M.P. Evans Group PLC (LON:MPE) insider Matthew Coulson sold 8,450 shares of the business’s stock in a transaction on Thursday, January 22nd. The stock was sold at an average price of GBX 1,239, for a total value 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 value of £114,945.60.

M.P. Evans Group Stock Performance

Shares of MPE opened at GBX 1,315 on Friday. The firm has a market cap of £686.11 million, a PE ratio of 6.53 and a beta of 0.69. The stock’s fifty day moving average price is GBX 1,251.90 and its two-hundred day moving average price is GBX 1,284.59. The company has a debt-to-equity ratio of 8.89, a current ratio of 1.70 and a quick ratio of 1.91. M.P. Evans Group PLC has a 1 year low of GBX 912 and a 1 year high of GBX 1,400.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 1,650 target price on shares of M.P. Evans Group in a research report on Tuesday, November 11th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, M.P. Evans Group presently has a consensus rating of “Buy” and an average 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.