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

M&G Recovery & Value Trust (LON:MRV – Get Free Report) issued its quarterly earnings data on Wednesday. The company reported GBX 0.16 earnings per share (EPS) for the quarter, Digital Look Earnings reports.

M&G Recovery & Value Trust Price Performance

Shares of LON MRV traded down GBX 0.50 during midday trading on Wednesday, hitting GBX 52.50. 17,423 shares of the company’s stock were exchanged, compared to its average volume of 96,815. M&G Recovery & Value Trust has a twelve month low of GBX 50 and a twelve month high of GBX 65.50. The stock’s 50 day moving average price is GBX 52.61 and its 200-day moving average price is GBX 52.69. The firm has a market cap of £66.61 million and a P/E ratio of -86.07.

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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.

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