The Mercantile Investment Trust plc (LON:MRC - Get Free Report)'s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 252.67 ($3.41) and traded as high as GBX 253.50 ($3.42). The Mercantile Investment Trust shares last traded at GBX 252.56 ($3.41), with a volume of 1,257,247 shares.
The Mercantile Investment Trust Price Performance
The stock's 50 day moving average price is GBX 252.53 and its two-hundred day moving average price is GBX 242.66. The firm has a market capitalization of £1.86 billion, a price-to-earnings ratio of 4.72 and a beta of 1.16.
Insider Buying and Selling at The Mercantile Investment Trust
In other news, insider Rachel Beagles acquired 1,016 shares of The Mercantile Investment Trust stock in a transaction dated Wednesday, June 4th. The stock was acquired at an average cost of GBX 253 per share, for a total transaction of £2,570.48. Insiders own 1.68% of the company's stock.
The Mercantile Investment Trust Company Profile
(
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.
Recommended Stories
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
We are about to experience the greatest A.I. boom in stock market history...
Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.
That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.
- The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
- The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
- Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.
Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.
And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...
Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access