M&G Recovery & Value Trust (LON:MRV) Issues Quarterly Earnings Results

M&G Recovery & Value Trust (LON:MRV) released its quarterly earnings results on Wednesday. The company reported GBX (0.36) earnings per share for the quarter, Digital Look Earnings reports. The business had revenue of GBX 165 million for the quarter.

M&G Recovery & Value Trust Price Performance

Shares of LON MRV opened at GBX 53.50 on Thursday. The firm has a fifty day moving average price of GBX 52.93 and a 200-day moving average price of GBX 55.96. The stock has a market cap of £75.08 million and a PE ratio of -12.27. M&G Recovery & Value Trust has a 1 year low of GBX 50 and a 1 year high of GBX 65.50.

M&G Recovery & Value Trust plc is a closed-end investment company listed on the London Stock Exchange. Domiciled in Guernsey and managed by M&G Investment Management, the trust seeks to deliver long-term total returns by investing in undervalued companies that exhibit potential for operational or financial recovery. Its shares trade under the ticker MRV.

The trust’s core strategy centers on a concentrated portfolio of primarily mid- and large-capitalization equities, supplemented on occasion by debt instruments, across developed markets.