The Mercantile Investment Trust plc (LON:MRC - Get Free Report) shares crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 234.64 ($2.86) and traded as low as GBX 219.75 ($2.68). The Mercantile Investment Trust shares last traded at GBX 220 ($2.69), with a volume of 33,712,512 shares changing hands.
The Mercantile Investment Trust Trading Down 2.0 %
The company has a debt-to-equity ratio of 17.58, a current ratio of 5.04 and a quick ratio of 11.82. The stock has a market cap of £1.70 billion, a P/E ratio of 2,200.00 and a beta of 1.16. The firm's fifty day moving average price is GBX 234.64 and its two-hundred day moving average price is GBX 240.51.
The Mercantile Investment Trust Announces Dividend
The firm also recently announced a dividend, which will be paid on Monday, February 3rd. Shareholders of record on Thursday, December 19th will be paid a GBX 1.50 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, December 19th. This represents a yield of 0.62%. The Mercantile Investment Trust's dividend payout ratio is currently 8,000.00%.
About The Mercantile Investment Trust
(
Get Free Report)
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.
Featured Stories
Before you consider The Mercantile Investment Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and The Mercantile Investment Trust wasn't on the list.
While The Mercantile Investment Trust currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
