Mercia Asset Management PLC (LON:MERC - Get Free Report) shares were up 0.2% during trading on Tuesday . The stock traded as high as GBX 26.06 ($0.34) and last traded at GBX 26.06 ($0.34). Approximately 24,027 shares were traded during trading, a decline of 97% from the average daily volume of 855,054 shares. The stock had previously closed at GBX 26 ($0.34).
Mercia Asset Management Price Performance
The company has a debt-to-equity ratio of 0.37, a current ratio of 4.41 and a quick ratio of 5.34. The company's 50 day moving average price is GBX 26.73 and its 200 day moving average price is GBX 29.42. The firm has a market capitalization of £115.66 million, a P/E ratio of 0.27 and a beta of 1.20.
Insider Activity
In related news, insider Martin James Glanfield purchased 129,624 shares of the firm's stock in a transaction dated Monday, February 3rd. The shares were acquired at an average cost of GBX 27 ($0.35) per share, with a total value of £34,998.48 ($45,188.48). 27.11% of the stock is owned by insiders.
Mercia Asset Management Company Profile
(
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.
Further Reading
Before you consider Mercia Asset Management, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mercia Asset Management wasn't on the list.
While Mercia Asset Management currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
