Mercia Asset Management (LON:MERC) Insider Buys £17,732.79 in Stock

Mercia Asset Management PLC (LON:MERC – Get Free Report) insider Mark Andrew Payton acquired 65,677 shares of the stock in a transaction dated Thursday, August 20th. The stock was bought at an average price of GBX 27 per share, with a total value of £17,732.79.

Mark Andrew Payton also recently made the following trade(s):

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• On Thursday, August 20th, Mark Andrew Payton purchased 56,083 shares of Mercia Asset Management stock. The shares were bought at an average price of GBX 27 per share, with a total value of £15,142.41.

Mercia Asset Management Trading Up 1.9%

LON MERC opened at GBX 27.50 on Friday. Mercia Asset Management PLC has a one year low of GBX 25.12 and a one year high of GBX 34. The business’s fifty day moving average is GBX 27.23 and its 200-day moving average is GBX 28.15. The stock has a market capitalization of £115.98 million, a price-to-earnings ratio of -13.75 and a beta of 0.76. The company has a debt-to-equity ratio of 0.54, a current ratio of 99.15 and a quick ratio of 5.34.

Mercia Asset Management (LON:MERC – Get Free Report) last posted its quarterly earnings results on Tuesday, June 30th. The company reported GBX (2) EPS for the quarter. Mercia Asset Management had a negative return on equity of 4.78% and a negative net margin of 25.23%. Equities research analysts predict that Mercia Asset Management PLC will post 0.9368771 EPS for the current year.

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 67 price objective on shares of Mercia Asset Management in a research report on Thursday, July 23rd. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Mercia Asset Management currently has an average rating of “Buy” and a consensus target price of GBX 67.

Check Out Our Latest Analysis on MERC

About Mercia Asset Management

(Get Free Report)

Mercia is a regionally focused private capital asset manager with c.£2.0billion of AuM, investing across venture capital, private debt, private equity and property development finance. Our purpose is to deliver long-term value for investors while supporting the growth and resilience of the UK economy.

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