M&G Credit Income Investment (LON:MGCI) Reaches New 52-Week Low – What’s Next?

M&G Credit Income Investment (LON:MGCIGet Free Report) reached a new 52-week low on Tuesday . The stock traded as low as GBX 92.80 and last traded at GBX 95, with a volume of 1618253 shares trading hands. The stock had previously closed at GBX 94.60.

M&G Credit Income Investment Stock Performance

The stock has a fifty day moving average price of GBX 95 and a 200-day moving average price of GBX 95.29. The firm has a market cap of £186.92 million, a PE ratio of 16.12 and a beta of 0.38.

M&G Credit Income Investment (LON:MGCIGet Free Report) last posted its quarterly earnings results on Wednesday, September 17th. The company reported GBX 2.61 EPS for the quarter. M&G Credit Income Investment had a net margin of 88.81% and a return on equity of 10.78%.

Insider Activity at M&G Credit Income Investment

In other M&G Credit Income Investment news, insider Richard Boleat bought 10,200 shares of M&G Credit Income Investment stock in a transaction that occurred on Wednesday, November 5th. The shares were acquired at an average price of GBX 94 per share, for a total transaction of £9,588. Corporate insiders own 0.08% of the company’s stock.

About M&G Credit Income Investment

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M&G Credit Income Investment Trust plc invests in a portfolio of public and private debt and debt-like instruments. The company was incorporated in 2018 and is based in London, the United Kingdom.

Further Reading

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