The Mercantile Investment Trust plc (LON:MRC – Get Free Report) insider Graham Kitchen acquired 10,000 shares of the business’s stock in a transaction on Monday, December 15th. The shares were bought at an average cost of GBX 253 per share, with a total value of £25,300.
The Mercantile Investment Trust Stock Performance
MRC opened at GBX 254.63 on Thursday. The firm’s 50-day simple moving average is GBX 249.78 and its 200-day simple moving average is GBX 250.64. The Mercantile Investment Trust plc has a twelve month low of GBX 195 and a twelve month high of GBX 259. The firm has a market cap of £1.76 billion, a price-to-earnings ratio of 76.93 and a beta of 1.16.
The Mercantile Investment Trust (LON:MRC – Get Free Report) last announced its quarterly earnings results on Monday, October 20th. The investment trust reported GBX 5.66 earnings per share (EPS) for the quarter. The Mercantile Investment Trust had a net margin of 94.67% and a return on equity of 20.56%.
About The Mercantile Investment Trust
The Mercantile Investment Trust Approach
Expert market access
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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