The Mercantile Investment Trust plc (LON:MRC - Get Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 251.05 ($3.42) and traded as low as GBX 246 ($3.35). The Mercantile Investment Trust shares last traded at GBX 247 ($3.36), with a volume of 1,583,916 shares.
The Mercantile Investment Trust Trading Down 1.6%
The firm has a market cap of £1.76 billion, a price-to-earnings ratio of 784.35 and a beta of 1.16. The firm has a 50-day moving average of GBX 250.93 and a two-hundred day moving average of GBX 243.51.
The Mercantile Investment Trust Company Profile
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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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