The Mercantile Investment Trust (LON:MRC) Issues Quarterly Earnings Results

The Mercantile Investment Trust (LON:MRC) released its earnings results on Thursday. The investment trust reported GBX 5.09 EPS for the quarter, Digital Look Earnings reports. The Mercantile Investment Trust had a return on equity of 10.56% and a net margin of 89.90%.

The Mercantile Investment Trust Price Performance

Shares of MRC opened at GBX 277 on Friday. The Mercantile Investment Trust has a 52-week low of GBX 234.31 and a 52-week high of GBX 290.50. The company has a debt-to-equity ratio of 16.68, a quick ratio of 11.82 and a current ratio of 6.39. The business’s 50 day moving average price is GBX 279.36 and its two-hundred day moving average price is GBX 270.54. The firm has a market cap of £1.72 billion, a PE ratio of 9.54 and a beta of 1.49.

About The Mercantile Investment Trust

The Mercantile Investment Trust: The home of tomorrow’s UK market leaders

The Mercantile Investment Trust Approach

Expert market access

As one of the largest UK equity investment trusts and a history stretching back more than 140 years, The Mercantile Investment Trust enjoys a long and successful track record championing quality UK medium-sized and smaller companies.

Rigorous research

In a segment of the stock market that demands first-hand scrutiny, our disciplined research-based investment approach really sets us apart, providing exceptional access to a diversified portfolio of quality stocks with attractive long-term growth potential.

Focused on dividends

Our focus on quality companies with strong cash flows also helps to generate an attractive income for shareholders, with the opportunity to target annual dividend growth ahead of the rate of inflation.

Why invest in The Mercantile Investment Trust

Thanks to its focus on quality stocks outside the FTSE 100, The Mercantile Investment Trust offers a cost-effective way to gain access to the companies that we believe have the greatest potential to become tomorrow’s UK market leaders.