M&G Credit Income Investment (LON:MGCI) Shares Down 0.2% - Here's Why

Key Points

• M&G Credit Income Investment shares fell by 0.2% to GBX 95.60 ($1.28) on Friday, with a trading volume that was 38% lower than the average.
• The company reported a strong net margin of 88.81% and a return on equity of 10.78% in its latest earnings results.
• M&G Credit Income Investment primarily invests in public and private debt instruments, and has a market capitalization of £181.20 million.

M&G Credit Income Investment (LON:MGCI - Get Free Report) shares were down 0.2% on Friday . The stock traded as low as GBX 95.40 ($1.28) and last traded at GBX 95.60 ($1.28). Approximately 278,189 shares traded hands during mid-day trading, a decline of 38% from the average daily volume of 451,751 shares. The stock had previously closed at GBX 95.80 ($1.28).

M&G Credit Income Investment Trading Down 0.2%

The company's fifty day moving average price is GBX 95.21 and its two-hundred day moving average price is GBX 95.57. The firm has a market cap of £181.20 million, a P/E ratio of 1,281.50 and a beta of 0.38.

M&G Credit Income Investment (LON:MGCI - Get Free Report) last posted its earnings results on Wednesday, September 17th. The company reported GBX 2.61 earnings per share for the quarter. M&G Credit Income Investment had a net margin of 88.81% and a return on equity of 10.78%.

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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