Anglo-Eastern Plantations (LON:AEP) Hits New 12-Month High – Still a Buy?

Anglo-Eastern Plantations Plc (LON:AEPGet Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 1,964 and last traded at GBX 1,900, with a volume of 137197 shares changing hands. The stock had previously closed at GBX 1,780.

Anglo-Eastern Plantations Trading Up 2.0%

The stock has a market capitalization of £745.51 million, a price-to-earnings ratio of 8.37 and a beta of 0.15. The company has a debt-to-equity ratio of 0.09, a quick ratio of 5.67 and a current ratio of 8.69. The business has a 50-day moving average of GBX 1,718.13 and a 200-day moving average of GBX 1,504.62.

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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