Merchants Trust (LON:MRCH) Insider Mal Patel Purchases 400 Shares

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Merchants Trust (LON:MRCH - Get Free Report) insider Mal Patel acquired 400 shares of the company's stock in a transaction dated Tuesday, April 16th. The stock was purchased at an average cost of GBX 537 ($6.68) per share, for a total transaction of £2,148 ($2,673.97).

Merchants Trust Stock Down 2.0 %

Shares of MRCH stock traded down GBX 11 ($0.14) on Tuesday, reaching GBX 535 ($6.66). 234,714 shares of the company's stock traded hands, compared to its average volume of 194,863. The business's 50 day moving average price is GBX 526.50 and its two-hundred day moving average price is GBX 526.84. The company has a debt-to-equity ratio of 10.67, a quick ratio of 0.70 and a current ratio of 0.31. Merchants Trust has a 12-month low of GBX 476 ($5.93) and a 12-month high of GBX 588 ($7.32). The company has a market capitalization of £786.99 million, a P/E ratio of 4,115.38 and a beta of 0.91.

Merchants Trust Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Wednesday, May 22nd. Investors of record on Thursday, April 18th will be given a dividend of GBX 7.10 ($0.09) per share. The ex-dividend date is Thursday, April 18th. This represents a dividend yield of 1.33%. Merchants Trust's dividend payout ratio is presently 21,538.46%.

Merchants Trust Company Profile

(Get Free Report)

The Merchants Trust Plc is a closed-ended equity mutual fund launched and managed by Allianz Global Investors GmbH, UK Branch. The fund invests in the public equity markets of the United Kingdom. It invests in stocks of companies operating across diversified sectors. The fund benchmarks the performance of its portfolio against the FTSE All-Share Index.

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