The Mercantile Investment Trust (MRC) Share Price, News & Analysis

Company Overview

The Mercantile Investment Trust plc is an open ended equity mutual fund launched and managed by JPMorgan Funds Limited. The fund is co-managed by JPMorgan Asset Management (UK) Limited. It invests in the public equity markets of the United Kingdoms. The fund spreads its investments across diversified sectors. It invests in the stocks of mid and small cap companies. The fund benchmarks the performance of its portfolio against the FTSE All Share (ex FTSE 100, ex Inv Companies) Index. It was formerly known as JP Morgan Fleming Mercantile Investment Trust plc. The Mercantile Investment Trust plc was formed in December 1884 and is domiciled in the United Kingdoms.

Key Stats

• Today's Range: 246.67 to 249
• 50-Day Range: 238.50 to 264.50
• 52-Week Range: 177.20 to 269.05
• Volume: 368,734 shs
• Average Volume: 1.29 million shs
• Market Capitalization: £1.91 billion
• P/E Ratio: 2,466.79
• Dividend Yield: 3.24%
• Price Target: N/A
• Consensus Rating: N/A

MRC Stock Analysis - Frequently Asked Questions

How have MRC shares performed this year?

The Mercantile Investment Trust's stock was trading at GBX 221.50 at the start of the year. Since then, MRC shares have increased by 12.0% and is now trading at GBX 248.09.
View the best growth stocks for 2024 here.

How do I buy shares of The Mercantile Investment Trust?

Shares of MRC stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
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What other stocks do shareholders of The Mercantile Investment Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that The Mercantile Investment Trust investors own include Purplebricks Group (PURP), Manchester & London (MNL), Law Debenture (LWDB), JPMorgan Mid Cap Investment Trust (JMF), Dr Pepper Snapple Group (DPS), Cable & Wireless Communications (CWC) and 1724525 (ADN.L) (ADN).

Company Calendar

• Ex-Dividend for 8/1 Dividend: 6/20/2024
• Dividend Payable: 8/01/2024
• Today: 9/19/2024
• Ex-Dividend for 11/1 Dividend: 9/26/2024
• Dividend Payable: 11/01/2024

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: Wholesale
• Current Symbol: LON:MRC
• CUSIP: N/A
• CIK: N/A
• Web: am.jpmorgan.co.uk
• Phone: +44-80-07311111
• Fax: N/A
• Employees: 2,800
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.10
• Trailing P/E Ratio: 2,480.90
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: £75.21 million
• Net Margins: 76.99%
• Pretax Margin: N/A
• Return on Equity: 4.03%
• Return on Assets: 2.53%

Debt

• Debt-to-Equity Ratio: 17.58
• Current Ratio: 5.04
• Quick Ratio: 11.82

Sales & Book Value

• Annual Sales: £97.69 million
• Price / Sales: 19.68
• Cash Flow: GBX 26.69 per share
• Price / Cash Flow: 9.30
• Book Value: GBX 239 per share
• Price / Book: 1.04

Miscellaneous

• Outstanding Shares: 774,800,000
• Free Float: N/A
• Market Cap: £1.92 billion
• Optionable: Not Optionable
• Beta: 1.16