The Mercantile Investment Trust plc (LON:MRC - Get Free Report) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 235.53 ($2.92) and traded as high as GBX 244 ($3.03). The Mercantile Investment Trust shares last traded at GBX 244 ($3.03), with a volume of 1,188,337 shares trading hands.
The Mercantile Investment Trust Stock Down 0.8 %
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 stock has a market capitalization of £1.88 billion, a P/E ratio of 2,430.00 and a beta of 1.16. The firm has a 50 day simple moving average of GBX 235.99 and a two-hundred day simple moving average of GBX 239.87.
The Mercantile Investment Trust Dividend Announcement
The business also recently disclosed a dividend, which was paid on Monday, February 3rd. Investors of record on Thursday, December 19th were given a dividend of GBX 1.50 ($0.02) per share. This represents a yield of 0.62%. The ex-dividend date of this dividend was Thursday, December 19th. The Mercantile Investment Trust's dividend payout ratio is 8,000.00%.
About The Mercantile Investment Trust
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The Mercantile Investment Trust Approach
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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.
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