Mercia Asset Management (LON:MERC) Trading 0.4% Higher – Here’s Why

Mercia Asset Management PLC (LON:MERC) shares traded up 0.4% during trading on Tuesday . The company traded as high as GBX 26 ($0.33) and last traded at GBX 25.60 ($0.32). 739,524 shares changed hands during trading, a decline of 30% from the average session volume of 1,053,017 shares. The stock had previously closed at GBX 25.50 ($0.32).

Mercia Asset Management Stock Performance

The stock has a market capitalization of £112.58 million, a P/E ratio of 0.26 and a beta of 1.20. The stock has a 50 day moving average of GBX 27.71 and a 200 day moving average of GBX 30.60. The company has a debt-to-equity ratio of 0.37, a quick ratio of 5.34 and a current ratio of 4.41.

Mercia Asset Management (LON:MERC) last released its quarterly earnings results on Tuesday, November 26th. The company reported GBX 0.41 ($0.01) earnings per share (EPS) for the quarter. Mercia Asset Management had a return on equity of 223.48% and a net margin of 1,438.02%. Equities analysts predict that Mercia Asset Management PLC will post 0.9368771 EPS for the current year.

Insider Transactions at Mercia Asset Management

In other Mercia Asset Management news, insider Martin James Glanfield purchased 129,624 shares of the firm’s stock in a transaction dated Monday, February 3rd. The stock was bought at an average price of GBX 27 ($0.34) per share, with a total value of £34,998.48 ($44,358.02). Company insiders own 27.11% of the company’s stock.

About Mercia Asset Management

Mercia is a proactive, specialist asset manager focused on supporting regional SMEs to achieve their growth aspirations. Mercia provides capital across its four asset classes of balance sheet, venture, private equity and debt capital; the Group’s ‘Complete Capital Solution’. The Group initially nurtures businesses via its third-party funds under management then, over time, Mercia can provide further funding to the most promising companies by deploying direct investment follow-on capital from its own balance sheet.