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M&G Credit Income Investment (LON:MGCI) Stock Price Up 0.2% - Time to Buy?

M&G Credit Income Investment logo with Financial Services background

Key Points

  • M&G Credit Income Investment (LON:MGCI) stock experienced a 0.2% increase in price, with shares last trading at GBX 95.60 ($1.28).
  • The average daily trading volume decreased by 22% to approximately 362,498 shares.
  • The company's current market cap stands at £178.81 million and it has a notably high P/E ratio of 1,281.50.
  • MarketBeat previews top five stocks to own in October.

Shares of M&G Credit Income Investment (LON:MGCI - Get Free Report) rose 0.2% during trading on Wednesday . The stock traded as high as GBX 96.40 ($1.30) and last traded at GBX 95.60 ($1.28). Approximately 362,498 shares traded hands during trading, a decline of 22% from the average daily volume of 465,281 shares. The stock had previously closed at GBX 95.40 ($1.28).

M&G Credit Income Investment Price Performance

The firm's 50-day moving average price is GBX 95.43 and its 200 day moving average price is GBX 95.60. The firm has a market cap of £178.81 million, a P/E ratio of 1,281.50 and a beta of 0.38.

About M&G Credit Income Investment

(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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