The Mercantile Investment Trust plc (LON:MRC - Get Free Report) shares crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 251.96 ($3.39) and traded as low as GBX 251.80 ($3.38). The Mercantile Investment Trust shares last traded at GBX 252.42 ($3.39), with a volume of 1,253,366 shares traded.
The Mercantile Investment Trust Trading Down 0.2%
The company has a fifty day moving average of GBX 252.32 and a two-hundred day moving average of GBX 240.34. The stock has a market capitalization of £1.91 billion, a price-to-earnings ratio of 4.84 and a beta of 1.16.
Insiders Place Their Bets
In other The Mercantile Investment Trust news, insider Rachel Beagles purchased 1,016 shares of the company's stock in a transaction on Wednesday, June 4th. The shares were bought at an average cost of GBX 253 ($3.40) per share, with a total value of £2,570.48 ($3,454.48). Company insiders own 1.68% of the company's stock.
About The Mercantile Investment Trust
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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.
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