The Merchants Trust (LON:MRCH) Posts Earnings Results

The Merchants Trust (LON:MRCH) released its quarterly earnings data on Thursday. The investment trust reported GBX 30.58 EPS for the quarter, Digital Look Earnings reports. The Merchants Trust had a return on equity of 3.96% and a net margin of 75.06%.The business had revenue of GBX 5,024 million during the quarter.

The Merchants Trust Trading Up 0.0%

The Merchants Trust stock opened at GBX 596.17 on Friday. The firm has a market capitalization of £880.14 million, a P/E ratio of 26.00 and a beta of 0.66. The business has a 50-day moving average of GBX 622.05 and a 200-day moving average of GBX 591.94. The Merchants Trust has a 1 year low of GBX 448 and a 1 year high of GBX 662.

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.