The Mercantile Investment Trust plc (LON:MRC - Get Free Report)'s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 241.17 ($3.07) and traded as low as GBX 233.37 ($2.97). The Mercantile Investment Trust shares last traded at GBX 234 ($2.97), with a volume of 1,626,343 shares changing hands.
The Mercantile Investment Trust Stock Performance
The company's 50-day moving average price is GBX 236.50 and its 200 day moving average price is GBX 241.08. The stock has a market capitalization of £1.81 billion, a PE ratio of 2,346.83 and a beta of 1.16. The company has a debt-to-equity ratio of 17.58, a quick ratio of 11.82 and a current ratio of 5.04.
The Mercantile Investment Trust Dividend Announcement
The company also recently disclosed 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 yield of 0.62%. The Mercantile Investment Trust's payout ratio 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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