The Mercantile Investment Trust plc (LON:MRC – Get Free Report) shares crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 249.50 and traded as low as GBX 247.01. The Mercantile Investment Trust shares last traded at GBX 251, with a volume of 2,118,297 shares trading hands.
The Mercantile Investment Trust Stock Down 0.2%
The company has a market capitalization of £1.75 billion, a PE ratio of 75.64 and a beta of 1.16. The company’s 50 day moving average is GBX 249.50 and its two-hundred day moving average is GBX 249.70.
The Mercantile Investment Trust (LON:MRC – Get Free Report) last posted its earnings results on Monday, October 20th. The investment trust reported GBX 5.66 earnings per share for the quarter. The Mercantile Investment Trust had a net margin of 94.67% and a return on equity of 20.56%.
The Mercantile Investment Trust Company Profile
The Mercantile Investment Trust Approach
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As one of the largest UK equity investment trusts and a history stretching back more than 130 years, The Mercantile Investment Trust enjoys a long and successful track record championing quality UK medium-sized and smaller companies.
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