The Mercantile Investment Trust plc (LON:MRC - Get Free Report) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 240.78 ($3.02) and traded as low as GBX 232 ($2.91). The Mercantile Investment Trust shares last traded at GBX 232 ($2.91), with a volume of 300,853 shares trading hands.
The Mercantile Investment Trust Trading Up 0.7 %
The firm has a market capitalization of £1.80 billion, a P/E ratio of 2,320.00 and a beta of 1.16. The business's 50 day moving average is GBX 236.08 and its two-hundred day moving average is GBX 240.72. The company has a quick ratio of 11.82, a current ratio of 5.04 and a debt-to-equity ratio of 17.58.
The Mercantile Investment Trust Announces Dividend
The business also recently declared a dividend, which will be paid on Monday, February 3rd. Shareholders of record on Thursday, December 19th will be given a dividend of GBX 1.50 ($0.02) per share. The ex-dividend date is Thursday, December 19th. This represents a dividend yield of 0.62%. The Mercantile Investment Trust's dividend payout ratio (DPR) is 8,000.00%.
About The Mercantile Investment Trust
(
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The Mercantile Investment Trust plc is an open ended equity mutual fund launched and managed by JPMorgan Funds Limited. The fund is co-managed by JPMorgan Asset Management (UK) Limited. It invests in the public equity markets of the United Kingdoms. The fund spreads its investments across diversified sectors.
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