The Merchants Trust (LON:MRCH) Announces Earnings Results

The Merchants Trust (LON:MRCH) issued its quarterly earnings data on Thursday. The investment trust reported GBX 30.58 earnings per share (EPS) for the quarter, Digital Look Earnings reports. The company had revenue of GBX 5,024 million during the quarter. The Merchants Trust had a net margin of 75.06% and a return on equity of 3.96%.

The Merchants Trust Stock Performance

Shares of MRCH stock traded down GBX 1.83 on Thursday, hitting GBX 596.17. The stock had a trading volume of 1,050,373 shares, compared to its average volume of 290,657. The stock’s 50 day moving average is GBX 622.84 and its 200-day moving average is GBX 591.56. The firm has a market capitalization of £880.14 million, a price-to-earnings ratio of 26.00 and a beta of 1.09. The Merchants Trust has a 52-week low of GBX 448 and a 52-week high of GBX 662.

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.