The Mercantile Investment Trust plc (LON:MRC - Get Free Report) insider Rachel Beagles acquired 1,016 shares of the business's stock in a transaction on Wednesday, June 4th. The shares were bought at an average cost of GBX 253 ($3.42) per share, with a total value of £2,570.48 ($3,477.38).
The Mercantile Investment Trust Stock Performance
MRC traded up GBX 2.50 ($0.03) during trading on Friday, reaching GBX 253 ($3.42). 693,015 shares of the company traded hands, compared to its average volume of 1,749,354. The Mercantile Investment Trust plc has a 12-month low of GBX 195 ($2.64) and a 12-month high of GBX 269.05 ($3.64). The firm has a fifty day simple moving average of GBX 236.39 and a 200 day simple moving average of GBX 236.17. The company has a market cap of £1.88 billion, a P/E ratio of 4.76 and a beta of 1.16.
The Mercantile Investment Trust (LON:MRC - Get Free Report) last announced its quarterly earnings data on Tuesday, April 8th. The investment trust reported GBX 8.96 ($0.12) 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
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The Mercantile Investment Trust Approach
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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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