M&G Credit Income Investment (LON:MGCI) Trading Down 0.9% – Here’s What Happened

M&G Credit Income Investment (LON:MGCI)’s stock price dropped 0.9% during mid-day trading on Tuesday . The company traded as low as GBX 92 and last traded at GBX 92. 483,265 shares changed hands during mid-day trading, an increase of 3% from the average session volume of 469,268 shares. The stock had previously closed at GBX 92.80.

M&G Credit Income Investment Stock Performance

The firm’s 50 day moving average is GBX 90.88 and its 200-day moving average is GBX 92.34. The company has a market cap of £189.92 million, a PE ratio of 15.74 and a beta of 0.35.

M&G Credit Income Investment (LON:MGCI) last announced its quarterly earnings data on Monday, March 30th. The company reported GBX 5.28 EPS for the quarter. The firm had revenue of GBX 1,155 million for the quarter. M&G Credit Income Investment had a return on equity of 7.59% and a net margin of 107.77%.

Insider Activity

In other M&G Credit Income Investment news, insider Christiane Elsenbach acquired 22,000 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The stock was purchased at an average cost of GBX 91 per share, with a total value of £20,020. Insiders own 0.09% of the company’s stock.

About M&G Credit Income Investment

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.