The Merchants Trust Plc (LON:MRCH – Get Free Report) insider Neil Galloway purchased 3,500 shares of The Merchants Trust stock in a transaction that occurred on Monday, June 8th. The stock was acquired at an average cost of GBX 624 per share, with a total value of £21,840.
The Merchants Trust Trading Down 0.2%
MRCH stock traded down GBX 1 during midday trading on Monday, hitting GBX 625. 224,944 shares of the company’s stock were exchanged, compared to its average volume of 276,767. The Merchants Trust Plc has a 12-month low of GBX 536 and a 12-month high of GBX 662. The firm has a 50 day moving average price of GBX 613.54 and a 200-day moving average price of GBX 610.29. The stock has a market capitalization of £922.71 million, a price-to-earnings ratio of 5.70 and a beta of 0.69.
The Merchants Trust (LON:MRCH – Get Free Report) last released its earnings results on Thursday, April 2nd. The investment trust reported GBX 30.58 EPS for the quarter. The Merchants Trust had a return on equity of 17.67% and a net margin of 93.22%.The company had revenue of GBX 5,024 million during the quarter.
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.
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