The Merchants Trust Plc (LON:MRCH - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 574.45 ($7.20) and traded as low as GBX 548.48 ($6.88). The Merchants Trust shares last traded at GBX 555 ($6.96), with a volume of 36,244 shares trading hands.
The Merchants Trust Stock Up 1.3 %
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 company has a market cap of £823.73 million, a price-to-earnings ratio of 760.27 and a beta of 0.95. The business has a 50-day simple moving average of GBX 561.71 and a two-hundred day simple moving average of GBX 574.30.
The Merchants Trust Increases Dividend
The company also recently announced a dividend, which was paid on Friday, November 15th. Investors of record on Thursday, October 10th were paid a GBX 7.30 ($0.09) dividend. The ex-dividend date was Thursday, October 10th. This is a positive change from The Merchants Trust's previous dividend of $7.20. This represents a 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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