M&G Credit Income Investment (LON:MGCI) Shares Down 1.9% - Should You Sell?

M&G Credit Income Investment (LON:MGCI - Get Free Report) fell 1.9% on Wednesday . The company traded as low as GBX 95.20 ($1.23) and last traded at GBX 95.20 ($1.23). 293,009 shares changed hands during mid-day trading, a decline of 5% from the average session volume of 308,975 shares. The stock had previously closed at GBX 97 ($1.25).

M&G Credit Income Investment Price Performance

The firm has a market capitalization of £143.54 million, a price-to-earnings ratio of 9.23 and a beta of 0.38. The stock has a fifty day moving average of GBX 96.32 and a two-hundred day moving average of GBX 96.38.

M&G Credit Income Investment Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 21st. Investors of record on Thursday, January 30th were issued a GBX 2.09 ($0.03) dividend. The ex-dividend date of this dividend was Thursday, January 30th. This represents a yield of 2.14%. M&G Credit Income Investment's payout ratio is 76.27%.

M&G Credit Income Investment Company Profile

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.