The Mercantile Investment Trust (MRC) Share Price, News & Analysis

Company Overview

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. It invests in the stocks of mid and small cap companies. The fund benchmarks the performance of its portfolio against the FTSE All Share (ex FTSE 100, ex Inv Companies) Index. It was formerly known as JP Morgan Fleming Mercantile Investment Trust plc. The Mercantile Investment Trust plc was formed in December 1884 and is domiciled in the United Kingdoms.

Key Stats

• Today's Range: 232 to 235.50
• 50-Day Range: 229 to 244.50
• 52-Week Range: 205 to 269.05
• Volume: 2.08 million shs
• Average Volume: 1.45 million shs
• Market Capitalization: £1.81 billion
• P/E Ratio: 2,342.08
• Dividend Yield: 3.42%
• Price Target: N/A
• Consensus Rating: N/A

MRC Stock Analysis - Frequently Asked Questions

How have MRC shares performed this year?

The Mercantile Investment Trust's stock was trading at GBX 221.50 on January 1st, 2024. Since then, MRC shares have increased by 5.7% and is now trading at GBX 234.21.
View the best growth stocks for 2024 here.

How do I buy shares of The Mercantile Investment Trust?

Shares of MRC stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
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What other stocks do shareholders of The Mercantile Investment Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that The Mercantile Investment Trust investors own include B&M European Value Retail (BME), Coats Group (COA), 4D pharma (DDDD), genedrive (GDR), Greencore Group (GNC), IQE (IQE) and Omega Diagnostics Group (ODX).

Company Calendar

• Ex-Dividend for 11/1 Dividend: 9/26/2024
• Dividend Payable: 11/01/2024
• Today: 12/18/2024
• Ex-Dividend for 2/3 Dividend: 12/19/2024
• Dividend Payable: 2/03/2025

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: Wholesale
• Current Symbol: LON:MRC
• CUSIP: N/A
• CIK: N/A
• Web: am.jpmorgan.co.uk
• Phone: +44-80-07311111
• Fax: N/A
• Employees: 2,800
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.10
• Trailing P/E Ratio: 2,342.08
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: £75.21 million
• Net Margins: 76.99%
• Pretax Margin: N/A
• Return on Equity: 4.03%
• Return on Assets: 2.53%

Debt

• Debt-to-Equity Ratio: 17.58
• Current Ratio: 5.04
• Quick Ratio: 11.82

Sales & Book Value

• Annual Sales: £97.69 million
• Price / Sales: 18.58
• Cash Flow: GBX 25.20 per share
• Price / Cash Flow: 9.30
• Book Value: GBX 239 per share
• Price / Book: 0.98

Miscellaneous

• Outstanding Shares: 774,800,000
• Free Float: N/A
• Market Cap: £1.81 billion
• Optionable: Not Optionable
• Beta: 1.16