M.P. Evans Group (LON:MPE) Sets New 1-Year High – Should You Buy?

Posted by Francis Steltz on Feb 19th, 2025

Shares of M.P. Evans Group PLC (LON:MPE – Get Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as GBX 1,115 ($14.07) and last traded at GBX 1,095 ($13.81), with a volume of 83012 shares. The stock had previously closed at GBX 1,090 ($13.75).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group upped their price objective on shares of M.P. Evans Group from GBX 1,350 ($17.03) to GBX 1,400 ($17.66) and gave the stock a “buy” rating in a report on Tuesday, January 21st.

View Our Latest Stock Analysis on M.P. Evans Group

M.P. Evans Group Stock Performance

The company has a market capitalization of £709.36 million, a price-to-earnings ratio of 11.01 and a beta of 0.69. The company has a current ratio of 1.70, a quick ratio of 1.91 and a debt-to-equity ratio of 8.89. The stock’s fifty day simple moving average is GBX 998.64 and its 200-day simple moving average is GBX 941.29.

M.P. Evans Group Company Profile

(Get Free Report)

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”).