The Merchants Trust Plc (LON:MRCH - Get Free Report)'s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 575.61 ($7.32) and traded as low as GBX 561 ($7.13). The Merchants Trust shares last traded at GBX 561 ($7.13), with a volume of 225,997 shares changing hands.
The Merchants Trust Stock Performance
The business has a fifty day simple moving average of GBX 564.37 and a two-hundred day simple moving average of GBX 575.61. The company has a market cap of £814.83 million, a P/E ratio of 752.05 and a beta of 0.95. The company has a quick ratio of 0.70, a current ratio of 0.55 and a debt-to-equity ratio of 7.59.
The Merchants Trust Increases Dividend
The firm also recently disclosed a dividend, which was paid on Friday, November 15th. Investors of record on Thursday, October 10th were issued a GBX 7.30 ($0.09) dividend. This is an increase from The Merchants Trust's previous dividend of $7.20. The ex-dividend date of this dividend was Thursday, October 10th. This represents a dividend yield of 1.25%. The Merchants Trust's dividend payout ratio (DPR) is presently 3,972.60%.
The Merchants Trust Company Profile
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The Merchants Trust Plc is a closed-ended equity mutual fund launched and managed by Allianz Global Investors GmbH, UK Branch. The fund invests in the public equity markets of the United Kingdom. It invests in stocks of companies operating across diversified sectors. The fund benchmarks the performance of its portfolio against the FTSE All-Share Index.
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