Shares of The Merchants Trust Plc (LON:MRCH – Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 634 and last traded at GBX 634, with a volume of 363452 shares traded. The stock had previously closed at GBX 628.
The Merchants Trust Price Performance
The firm has a market capitalization of £937.47 million, a price-to-earnings ratio of 27.69 and a beta of 0.95. The business’s 50 day moving average price is GBX 599.09 and its 200-day moving average price is GBX 570.67.
The Merchants Trust (LON:MRCH – Get Free Report) last announced its quarterly earnings data on Wednesday, December 17th. The investment trust reported GBX 29.43 earnings per share 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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