Anglo-Eastern Plantations (LON:AEP) Share Price Passes Below 200 Day Moving Average – Here’s What Happened

Anglo-Eastern Plantations Plc (LON:AEPGet Free Report) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 648.99 ($8.37) and traded as low as GBX 640 ($8.25). Anglo-Eastern Plantations shares last traded at GBX 656 ($8.46), with a volume of 24,797 shares trading hands.

Anglo-Eastern Plantations Stock Performance

The business’s 50 day moving average is GBX 652.44 and its two-hundred day moving average is GBX 648.99. The company has a market cap of £327.97 million, a PE ratio of 5.08 and a beta of 0.50. The company has a current ratio of 6.64, a quick ratio of 5.67 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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