The Merchants Trust Plc (LON:MRCH – Get Free Report) insider Bill Maldonado acquired 2,961 shares of the business’s stock in a transaction on Tuesday, November 3rd. The shares were bought at an average price of GBX 674 per share, with a total value of £19,957.14.
The Merchants Trust Stock Down 1.3%
MRCH opened at GBX 677 on Friday. The Merchants Trust Plc has a twelve month low of GBX 555 and a twelve month high of GBX 694. The company has a 50-day simple moving average of GBX 668.18 and a 200 day simple moving average of GBX 642.19. The stock has a market capitalization of £994.11 million, a price-to-earnings ratio of 4.90 and a beta of 1.10.
The Merchants Trust (LON:MRCH – Get Free Report) last posted its earnings results on Friday, September 18th. The investment trust reported GBX 18.03 earnings per share for the quarter. The Merchants Trust had a net margin of 134.08% and a return on equity of 20.49%.
The Merchants Trust Company Profile
The Merchants Trust (MRCH) is managed by Simon Gergel at Allianz GIobal Investors. The Trust aims to generate a high and growing level of income, with the potential for long-term capital growth, from a portfolio of mainly higher yielding large UK companies. Merchants has a distinguished dividend history and is an AIC dividend hero, payouts have grown in each of the last 38 consecutive years.
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