The Mercantile Investment Trust plc (LON:MRC - Get Free Report) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 238.72 ($3.03) and traded as low as GBX 229.92 ($2.91). The Mercantile Investment Trust shares last traded at GBX 230.50 ($2.92), with a volume of 1,378,151 shares changing hands.
The Mercantile Investment Trust Trading Up 0.2 %
The business's 50-day moving average is GBX 238.48 and its two-hundred day moving average is GBX 241.45. 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 firm has a market cap of £1.79 billion, a P/E ratio of 2,300.00 and a beta of 1.16.
The Mercantile Investment Trust Announces Dividend
The business also recently declared a dividend, which was paid on Friday, November 1st. Shareholders of record on Thursday, September 26th were paid a GBX 1.50 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a yield of 0.61%. 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 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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