Shares of M&G Credit Income Investment (LON:MGCI – Get Free Report) dropped 0.2% during mid-day trading on Tuesday . The stock traded as low as GBX 91 and last traded at GBX 93.20. Approximately 350,226 shares changed hands during mid-day trading, a decline of 23% from the average daily volume of 452,152 shares. The stock had previously closed at GBX 93.40.
M&G Credit Income Investment Price Performance
The company has a market capitalization of £191.57 million, a PE ratio of 15.88 and a beta of 0.35. The business has a 50-day moving average of GBX 91.36 and a 200 day moving average of GBX 92.15.
Insiders Place Their Bets
In other news, insider Christiane Elsenbach acquired 22,000 shares of M&G Credit Income Investment stock in a transaction on Monday, June 1st. The shares were acquired at an average price of GBX 91 per share, with a total value of £20,020. 0.10% of the stock is owned by corporate insiders.
M&G Credit Income Investment Company Profile
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.
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