Mercia Asset Management PLC (LON:MERC - Get Free Report) insider Martin James Glanfield purchased 129,624 shares of the stock in a transaction that occurred on Monday, February 3rd. The shares were bought at an average cost of GBX 27 ($0.33) per share, for a total transaction of £34,998.48 ($43,417.05).
Mercia Asset Management Stock Performance
LON MERC traded up GBX 0.50 ($0.01) during trading hours on Friday, hitting GBX 27.50 ($0.34). 142,086 shares of the stock were exchanged, compared to its average volume of 1,422,953. The company has a quick ratio of 5.34, a current ratio of 4.41 and a debt-to-equity ratio of 0.37. The company has a market cap of £118.61 million, a price-to-earnings ratio of -1,375.00 and a beta of 1.20. Mercia Asset Management PLC has a 12-month low of GBX 26 ($0.32) and a 12-month high of GBX 37 ($0.46). The stock has a 50-day moving average of GBX 28.58 and a 200 day moving average of GBX 31.26.
Mercia Asset Management (LON:MERC - Get Free Report) last released its quarterly earnings data on Tuesday, November 26th. The company reported GBX 0.41 ($0.01) earnings per share (EPS) for the quarter. Mercia Asset Management had a negative return on equity of 3.87% and a negative net margin of 24.92%. As a group, equities research analysts forecast that Mercia Asset Management PLC will post 0.9368771 earnings per share for the current year.
Mercia Asset Management Cuts Dividend
The company also recently disclosed a dividend, which was paid on Wednesday, January 8th. Investors of record on Thursday, December 5th were paid a GBX 0.37 ($0.00) dividend. This represents a yield of 1.2%. The ex-dividend date was Thursday, December 5th. Mercia Asset Management's payout ratio is currently -5,000.00%.
Mercia Asset Management Company Profile
(
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Mercia is a proactive, specialist asset manager focused on supporting regional SMEs to achieve their growth aspirations. Mercia provides capital across its four asset classes of balance sheet, venture, private equity and debt capital; the Group's 'Complete Capital Solution'. The Group initially nurtures businesses via its third-party funds under management then, over time, Mercia can provide further funding to the most promising companies by deploying direct investment follow-on capital from its own balance sheet.
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