M&G Credit Income Investment (LON:MGCI - Get Free Report) released its earnings results on Friday. The company reported GBX 7.46 ($0.10) EPS for the quarter, Digital Look Earnings reports. M&G Credit Income Investment had a net margin of 88.81% and a return on equity of 10.78%.
M&G Credit Income Investment Stock Up 1.0 %
MGCI stock traded up GBX 1 ($0.01) during trading on Tuesday, reaching GBX 97.80 ($1.26). The company's stock had a trading volume of 127,321 shares, compared to its average volume of 316,853. The company's fifty day moving average is GBX 96.21 and its 200-day moving average is GBX 96.50. The company has a market capitalization of £145.02 million, a P/E ratio of 9.32 and a beta of 0.38. M&G Credit Income Investment has a 1 year low of GBX 89 ($1.15) and a 1 year high of GBX 100 ($1.29).
M&G Credit Income Investment Cuts Dividend
The company also recently announced a dividend, which was paid on Friday, February 21st. Investors of record on Thursday, January 30th were paid a dividend of GBX 2.09 ($0.03) per share. This represents a dividend yield of 2.14%. The ex-dividend date was Thursday, January 30th. M&G Credit Income Investment's dividend payout ratio (DPR) is 76.27%.
Insider Buying and Selling
In related news, insider Barbara Powley bought 12,000 shares of the company's stock in a transaction on Thursday, March 27th. The shares were acquired at an average price of GBX 96 ($1.24) per share, with a total value of £11,520 ($14,883.72). 7.21% of the stock is owned by insiders.
M&G Credit Income Investment Company Profile
(
Get Free Report)
M&G Credit Income Investment Trust plc invests in a portfolio of public and private debt and debt-like instruments. The company was incorporated in 2018 and is based in London, the United Kingdom.
Recommended Stories
Before you consider M&G Credit Income Investment, 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 M&G Credit Income Investment wasn't on the list.
While M&G Credit Income Investment currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.