The Merchants Trust Plc (LON:MRCH – Get Free Report)’s stock price hit a new 52-week high on Wednesday . The company traded as high as GBX 626 and last traded at GBX 626, with a volume of 174468 shares trading hands. The stock had previously closed at GBX 619.
The Merchants Trust Trading Down 0.3%
The company has a fifty day moving average price of GBX 593.73 and a two-hundred day moving average price of GBX 568.72. The firm has a market cap of £921.23 million, a P/E ratio of 27.21 and a beta of 0.95.
The Merchants Trust (LON:MRCH – Get Free Report) last released its earnings results on Wednesday, December 17th. The investment trust reported GBX 29.43 earnings per share (EPS) for the quarter. The Merchants Trust had a return on equity of 13.03% and a net margin of 90.97%.
About The Merchants Trust
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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