The Mercantile Investment Trust plc (LON:MRC - Get Free Report) shares hit a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 214 ($2.73) and last traded at GBX 214 ($2.73), with a volume of 636454 shares changing hands. The stock had previously closed at GBX 223.50 ($2.86).
The Mercantile Investment Trust Stock Performance
The stock has a market capitalization of £1.52 billion, a P/E ratio of 3.86 and a beta of 1.16. The business has a fifty day simple moving average of GBX 234.83 and a 200-day simple moving average of GBX 235.45.
The Mercantile Investment Trust (LON:MRC - Get Free Report) last posted its quarterly earnings results on Tuesday, April 8th. The investment trust reported GBX 8.96 ($0.11) EPS for the quarter. The Mercantile Investment Trust had a net margin of 94.67% and a return on equity of 20.56%.
About The Mercantile Investment Trust
(
Get Free Report)
The Mercantile Investment Trust Approach
Expert market access
As one of the largest UK equity investment trusts and a history stretching back more than 130 years, The Mercantile Investment Trust enjoys a long and successful track record championing quality UK medium-sized and smaller companies.
Further Reading
Before you consider The Mercantile Investment Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and The Mercantile Investment Trust wasn't on the list.
While The Mercantile Investment Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
