Anglo-Eastern Plantations (LON:AEP) Share Price Crosses Above Fifty Day Moving Average – Here’s Why

Shares of Anglo-Eastern Plantations Plc (LON:AEPGet Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 1,391 and traded as high as GBX 1,510. Anglo-Eastern Plantations shares last traded at GBX 1,500, with a volume of 33,233 shares.

Anglo-Eastern Plantations Stock Performance

The stock has a market cap of £579.78 million, a price-to-earnings ratio of 6.68 and a beta of 0.50. The company’s 50 day simple moving average is GBX 1,391 and its 200 day simple moving average is GBX 1,283.57. The company has a debt-to-equity ratio of 0.18, a quick ratio of 5.67 and a current ratio of 6.64.

About Anglo-Eastern Plantations

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Anglo-Eastern Plantations Plc, quoted on the London Stock Exchange, owns, operates and develops plantations in Indonesia and Malaysia, which produce mainly palm oil and some rubber. The Group is committed to responsible development and management of its plantations and facilities for the benefit of the environment and society in which it operates in.

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