The Merchants Trust Plc (LON:MRCH – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 583 and last traded at GBX 582, with a volume of 162945 shares traded. The stock had previously closed at GBX 579.
The Merchants Trust Price Performance
The company has a market cap of £859.29 million, a price-to-earnings ratio of 25.38 and a beta of 0.95. The firm has a fifty day simple moving average of GBX 560.08 and a 200 day simple moving average of GBX 558.93.
The Merchants Trust (LON:MRCH – Get Free Report) last posted its quarterly earnings data on Monday, September 29th. The investment trust reported GBX 17.70 earnings per share (EPS) for the quarter. The Merchants Trust had a net margin of 90.97% and a return on equity of 13.03%.
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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