The Merchants Trust Plc (LON:MRCH – Get Free Report) reached a new 52-week high on Tuesday . The stock traded as high as GBX 578 and last traded at GBX 577.91, with a volume of 95454 shares changing hands. The stock had previously closed at GBX 571.
The Merchants Trust Stock Performance
The company has a market cap of £851.58 million, a price-to-earnings ratio of 25.15 and a beta of 0.95. The company has a fifty day moving average of GBX 555.51 and a two-hundred day moving average of GBX 557.72.
The Merchants Trust (LON:MRCH – Get Free Report) last posted its earnings results on Monday, September 29th. The investment trust reported GBX 17.70 EPS for the quarter. The Merchants Trust had a return on equity of 13.03% and a net margin of 90.97%.
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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