The Merchants Trust Plc (LON:MRCH – Get Free Report)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 634 and last traded at GBX 634, with a volume of 363452 shares changing hands. The stock had previously closed at GBX 628.
The Merchants Trust Stock Performance
The company has a market capitalization of £937.47 million, a PE ratio of 27.69 and a beta of 0.95. The firm’s 50-day simple moving average is GBX 599.09 and its 200 day simple moving average is GBX 570.67.
The Merchants Trust (LON:MRCH – Get Free Report) last announced its quarterly earnings data on Wednesday, December 17th. The investment trust reported GBX 29.43 EPS for the quarter. The Merchants Trust had a net margin of 90.97% and a return on equity of 13.03%.
The Merchants Trust Company Profile
The Merchants Trust (MRCH) is managed by Simon Gergel at Allianz GIobal Investors. The Trust aims to generate a high and growing level of income, with the potential for long-term capital growth, from a portfolio of mainly higher yielding large UK companies. Merchants has a distinguished dividend history and is an AIC dividend hero, payouts have grown in each of the last 38 consecutive years.
Recommended Stories
- Five stocks we like better than The Merchants Trust
- The day the gold market broke
- Forget AI, This Will Be the Next Big Tech Breakthrough
- ~$1.5T SpaceX IPO: Pre-IPO Opportunity
- Gold’s getting scarce.
- End of America Update
Receive News & Ratings for The Merchants Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Merchants Trust and related companies with MarketBeat.com's FREE daily email newsletter.
