The Mercantile Investment Trust plc (LON:MRC - Get Free Report)'s stock price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 252.02 ($3.40) and traded as low as GBX 239.50 ($3.23). The Mercantile Investment Trust shares last traded at GBX 240.95 ($3.25), with a volume of 7,490,850 shares.
The Mercantile Investment Trust Trading Up 1.0%
The company has a market cap of £1.78 billion, a P/E ratio of 790.67 and a beta of 1.16. The business's fifty day moving average is GBX 251.40 and its 200 day moving average is GBX 243.06.
About The Mercantile Investment Trust
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The Mercantile Investment Trust Approach
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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.
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