Mercia Asset Management PLC (LON:MERC - Get Free Report) shares traded down 1.6% during mid-day trading on Wednesday . The company traded as low as GBX 27 ($0.33) and last traded at GBX 27.06 ($0.33). 108,110 shares changed hands during mid-day trading, a decline of 79% from the average session volume of 512,601 shares. The stock had previously closed at GBX 27.50 ($0.34).
Mercia Asset Management Price Performance
The firm has a 50-day simple moving average of GBX 28.94 and a 200 day simple moving average of GBX 31.45. The firm has a market cap of £115.33 million, a PE ratio of -1,337.00 and a beta of 1.20. The company has a debt-to-equity ratio of 0.37, a current ratio of 4.41 and a quick ratio of 5.34.
Mercia Asset Management (LON:MERC - Get Free Report) last announced its earnings results on Tuesday, November 26th. The company reported GBX 0.41 ($0.01) earnings per share for the quarter. Mercia Asset Management had a negative net margin of 24.92% and a negative return on equity of 3.87%. As a group, equities analysts expect that Mercia Asset Management PLC will post 0.9368771 EPS for the current year.
Mercia Asset Management Cuts Dividend
The business also recently announced a dividend, which was paid on Wednesday, January 8th. Shareholders of record on Thursday, December 5th were issued a GBX 0.37 ($0.00) dividend. This represents a yield of 1.2%. The ex-dividend date of this dividend was Thursday, December 5th. Mercia Asset Management's dividend payout ratio (DPR) is -5,000.00%.
About Mercia Asset Management
(
Get Free Report)
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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