M&G Credit Income Investment (LON:MGCI) Shares Up 0.7% – Still a Buy?

M&G Credit Income Investment (LON:MGCIGet Free Report) shares shot up 0.7% during mid-day trading on Wednesday . The company traded as high as GBX 91.80 and last traded at GBX 90.80. Approximately 136,206 shares changed hands during trading, a decline of 68% from the average daily volume of 430,977 shares. The stock had previously closed at GBX 90.20.

M&G Credit Income Investment Price Performance

The company’s fifty day moving average price is GBX 91.92 and its 200 day moving average price is GBX 91.30. The company has a market cap of £190.84 million, a PE ratio of 15.50 and a beta of 0.33.

About M&G Credit Income Investment

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M&G Credit Income Investment Trust plc invests in a portfolio of public and private debt and debt-like instruments. The company was incorporated in 2018 and is based in London, the United Kingdom.

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