Shares of Mercia Asset Management PLC (LON:MERC – Get Free Report) fell 0.3% during trading on Tuesday . The company traded as low as GBX 26 and last traded at GBX 26.43. 19,089 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 643,733 shares. The stock had previously closed at GBX 26.50.
Analyst Ratings Changes
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 Tuesday, June 30th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of GBX 67.
Read Our Latest Research Report on MERC
Mercia Asset Management Trading Down 0.3%
Mercia Asset Management (LON:MERC – Get Free Report) last issued its quarterly earnings results on Tuesday, June 30th. The company reported GBX (2) EPS for the quarter. Mercia Asset Management had a negative net margin of 25.23% and a negative return on equity of 4.78%. Research analysts anticipate that Mercia Asset Management PLC will post 0.9368771 EPS for the current year.
About Mercia Asset Management
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.
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