Peel Hunt reaffirmed their buy rating on shares of M.P. Evans Group (LON:MPE) in a report issued on Thursday, ThisIsMoney.Co.Uk reports.

MPE traded down GBX 10 ($0.13) during trading on Thursday, reaching GBX 689 ($9.06). 7,133 shares of the company’s stock were exchanged, compared to its average volume of 12,691. M.P. Evans Group has a 1 year low of GBX 610 ($8.02) and a 1 year high of GBX 756 ($9.94). The company has a debt-to-equity ratio of 17.09, a current ratio of 2.77 and a quick ratio of 2.35. The stock has a market capitalization of $375.24 million and a P/E ratio of -861.25. The company’s fifty day simple moving average is GBX 707.22 and its 200-day simple moving average is GBX 679.97.

M.P. Evans Group Company Profile

M.P. Evans Group PLC, through its subsidiaries, operates oil palm plantations in Indonesia. The company produces crude palm oil and palm kernels. It is also involved in the property development and oil-palm fresh fruit bunches production businesses in Malaysia; and the provision of agronomic and management consultancy services.

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