The Mercantile Investment Trust (LON:MRC – Get Free Report) released its quarterly earnings results on Tuesday. The investment trust reported GBX 8.96 ($0.11) earnings per share for the quarter, Digital Look Earnings reports. The Mercantile Investment Trust had a return on equity of 20.56% and a net margin of 94.67%.
The Mercantile Investment Trust Price Performance
MRC opened at GBX 208.84 ($2.66) on Tuesday. The Mercantile Investment Trust has a fifty-two week low of GBX 195 ($2.48) and a fifty-two week high of GBX 269.05 ($3.42). The company’s 50 day moving average price is GBX 235.95 and its two-hundred day moving average price is GBX 235.86. The firm has a market capitalization of £1.55 billion, a price-to-earnings ratio of 3.93 and a beta of 1.16.
The Mercantile Investment Trust Company Profile
Expert market access
As one of the largest UK equity investment trusts and a history stretching back more than 130 years, The Mercantile Investment Trust enjoys a long and successful track record championing quality UK medium-sized and smaller companies.
Read More
- Five stocks we like better than The Mercantile Investment Trust
- What is a Bond Market Holiday? How to Invest and Trade
- Can Solid Biosciences Challenge Sarepta in the DMD Market?
- Mastering Discipline: Overcoming Emotional Challenges In Trading
- Will CrowdStrike’s Goodwill Strategy Pay Off in Revenue Gains?
- How to Calculate Inflation Rate
- Can NIO Overcome U.S.-China Tariff Headwinds?
Receive News & Ratings for The Mercantile Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Mercantile Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.
-limited-logo-1200x675.png?v=20221118112933&h=45&w=95&zc=2){kind=logo}
