The Merchants Trust Plc (LON:MRCH – Get Free Report) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 622.39 and traded as high as GBX 635. The Merchants Trust shares last traded at GBX 633, with a volume of 155,390 shares traded.
The Merchants Trust Price Performance
The company’s 50-day moving average is GBX 622.87 and its two-hundred day moving average is GBX 615.86. The firm has a market cap of £944.85 million, a P/E ratio of 5.84 and a beta of 1.11.
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 firm had revenue of GBX 5,024 million for the quarter. The Merchants Trust had a net margin of 93.22% and a return on equity of 17.67%.
Insider Activity
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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