Anglo-Eastern Plantations (LON:AEP) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

Anglo-Eastern Plantations Plc (LON:AEPGet Free Report)’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 ($8.19) and traded as high as GBX 682 ($8.58). Anglo-Eastern Plantations shares last traded at GBX 670 ($8.43), with a volume of 12,120 shares traded.

Anglo-Eastern Plantations Price Performance

The stock has a market capitalization of £333.97 million, a PE ratio of 5.17 and a beta of 0.50. The stock’s 50 day moving average price is GBX 650.96 and its 200-day moving average price is GBX 645.45. The company has a quick ratio of 5.67, a current ratio of 6.64 and a debt-to-equity ratio of 0.18.

About Anglo-Eastern Plantations

(Get Free Report)

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.

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