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M&G Credit Income Investment (LON:MGCI) Shares Down 0.2% - Should You Sell?

M&G Credit Income Investment logo with Financial Services background

M&G Credit Income Investment (LON:MGCI - Get Free Report)'s stock price was down 0.2% on Friday . The stock traded as low as GBX 95.60 ($1.31) and last traded at GBX 95.60 ($1.31). Approximately 383,210 shares traded hands during trading, a decline of 19% from the average daily volume of 470,878 shares. The stock had previously closed at GBX 95.80 ($1.31).

M&G Credit Income Investment Stock Performance

The firm has a market capitalization of £141.76 million, a price-to-earnings ratio of 9.11 and a beta of 0.38. The company has a fifty day moving average of GBX 95.45 and a two-hundred day moving average of GBX 96.01.

M&G Credit Income Investment (LON:MGCI - Get Free Report) last released its quarterly earnings results on Friday, March 28th. The company reported GBX 7.46 ($0.10) earnings per share for the quarter. M&G Credit Income Investment had a return on equity of 10.78% and a net margin of 88.81%.

Insider Buying and Selling

In related news, insider Richard Boleat acquired 15,000 shares of the stock in a transaction on Wednesday, April 2nd. The shares were purchased at an average price of GBX 97 ($1.33) per share, for a total transaction of £14,550 ($19,967.06). 7.21% of the stock is currently owned by insiders.

M&G Credit Income Investment Company Profile

(Get Free Report)

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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