M&G Recovery & Value Trust (LON:MRV) Announces 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 for the quarter, Digital Look Earnings reports.

M&G Recovery & Value Trust Stock Down 0.9%

Shares of MRV traded down GBX 0.50 during mid-day trading on Wednesday, hitting GBX 52.50. The stock had a trading volume of 17,423 shares, compared to its average volume of 96,815. The company has a market cap of £66.61 million and a PE ratio of -86.07. M&G Recovery & Value Trust has a fifty-two week low of GBX 50 and a fifty-two week high of GBX 65.50. The company’s fifty day simple moving average is GBX 52.61 and its two-hundred day simple moving average is GBX 52.69.

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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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