Mercia Asset Management (LON:MERC) Insider Mark Andrew Payton Buys 65,677 Shares of Stock

Mercia Asset Management PLC (LON:MERC) insider Mark Andrew Payton acquired 65,677 shares of the company’s stock in a transaction on Thursday, August 20th. The shares were bought at an average price of GBX 27 per share, with a total value of £17,732.79.

Mark Andrew Payton also recently made the following trade(s):

• On Thursday, August 20th, Mark Andrew Payton acquired 56,083 shares of Mercia Asset Management stock. The shares were bought at an average cost of GBX 27 per share, for a total transaction of £15,142.41.

Mercia Asset Management Trading Up 1.9%

MERC stock opened at GBX 27.50 on Friday. The company has a quick ratio of 5.34, a current ratio of 99.15 and a debt-to-equity ratio of 0.54. Mercia Asset Management PLC has a twelve month low of GBX 25.12 and a twelve month high of GBX 34. The company has a market cap of £115.98 million, a P/E ratio of -13.75 and a beta of 0.76. The business has a fifty day moving average of GBX 27.23 and a 200-day moving average of GBX 28.15.

Mercia Asset Management (LON:MERC) last announced its quarterly earnings data on Tuesday, June 30th. The company reported GBX (2) earnings per share (EPS) for the quarter. Mercia Asset Management had a negative net margin of 25.23% and a negative return on equity of 4.78%. As a group, equities research analysts expect that Mercia Asset Management PLC will post 0.9368771 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 67 target price on shares of Mercia Asset Management in a report on Thursday, July 23rd. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of GBX 67.

Mercia Asset Management Company Profile

Mercia is a regionally focused private capital asset manager with c.£2.0billion of AuM, investing across venture capital, private debt, private equity and property development finance. Our purpose is to deliver long-term value for investors while supporting the growth and resilience of the UK economy.