The Mercantile Investment Trust (LON:MRC - Get Free Report) issued its quarterly earnings data on Tuesday. The investment trust reported GBX 8.96 ($0.12) EPS for the quarter, Digital Look Earnings reports. The Mercantile Investment Trust had a return on equity of 20.56% and a net margin of 94.67%.
The Mercantile Investment Trust Stock Performance
Shares of MRC stock remained flat at GBX 213 ($2.79) during trading hours on Friday. The stock had a trading volume of 1,294,558 shares, compared to its average volume of 2,030,825. The Mercantile Investment Trust has a 1-year low of GBX 195 ($2.55) and a 1-year high of GBX 269.05 ($3.52). The stock has a market cap of £1.58 billion, a PE ratio of 4.00 and a beta of 1.16. The firm has a 50-day moving average price of GBX 232.14 and a two-hundred day moving average price of GBX 234.49.
Insider Activity at The Mercantile Investment Trust
In other news, insider Damien Maltarp acquired 8,000 shares of the business's stock in a transaction dated Thursday, April 10th. The shares were acquired at an average cost of GBX 213 ($2.79) per share, with a total value of £17,040 ($22,294.91). 1.68% of the stock is currently owned by insiders.
The Mercantile Investment Trust Company Profile
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The Mercantile Investment Trust Approach
Expert market access
As one of the largest UK equity investment trusts and a history stretching back more than 130 years, The Mercantile Investment Trust enjoys a long and successful track record championing quality UK medium-sized and smaller companies.
Further Reading
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