M&G Credit Income Investment (LON:MGCI) Trading Down 0.2% - Time to Sell?

Shares of M&G Credit Income Investment (LON:MGCI - Get Free Report) were 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 changed 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 ($1.32).

M&G Credit Income Investment Stock Performance

The firm has a market capitalization of £142.35 million, a P/E ratio of 9.15 and a beta of 0.38. The stock has a 50 day moving average of GBX 95.44 and a 200-day moving average of GBX 96.02.

Insider Buying and Selling at M&G Credit Income Investment

In other M&G Credit Income Investment news, insider Richard Boleat purchased 15,000 shares of the company's stock in a transaction that occurred on Wednesday, April 2nd. The shares were bought at an average cost of GBX 97 ($1.33) per share, for a total transaction of £14,550 ($19,994.50). 7.21% of the stock is owned by insiders.

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.