The Mercantile Investment Trust (LON:MRC) Announces Earnings Results

The Mercantile Investment Trust (LON:MRC) posted its quarterly earnings results on Thursday. The investment trust reported GBX 5.09 earnings per share for the quarter, Digital Look Earnings reports. The Mercantile Investment Trust had a return on equity of 10.56% and a net margin of 89.90%.

The Mercantile Investment Trust Stock Up 0.4%

Shares of LON MRC traded up GBX 1 during trading hours on Friday, hitting GBX 277. The company had a trading volume of 1,578,935 shares, compared to its average volume of 2,739,951. The stock has a market capitalization of £1.72 billion, a P/E ratio of 9.54 and a beta of 1.49. The company has a quick ratio of 11.82, a current ratio of 6.39 and a debt-to-equity ratio of 16.68. The Mercantile Investment Trust has a 1-year low of GBX 234.31 and a 1-year high of GBX 290.50. The firm’s 50 day moving average is GBX 279.36 and its 200-day moving average is GBX 270.54.

About The Mercantile Investment Trust

The Mercantile Investment Trust: The home of tomorrow’s UK market leaders

The Mercantile Investment Trust Approach

Expert market access

As one of the largest UK equity investment trusts and a history stretching back more than 140 years, The Mercantile Investment Trust enjoys a long and successful track record championing quality UK medium-sized and smaller companies.

Rigorous research

In a segment of the stock market that demands first-hand scrutiny, our disciplined research-based investment approach really sets us apart, providing exceptional access to a diversified portfolio of quality stocks with attractive long-term growth potential.

Focused on dividends

Our focus on quality companies with strong cash flows also helps to generate an attractive income for shareholders, with the opportunity to target annual dividend growth ahead of the rate of inflation.

Why invest in The Mercantile Investment Trust

Thanks to its focus on quality stocks outside the FTSE 100, The Mercantile Investment Trust offers a cost-effective way to gain access to the companies that we believe have the greatest potential to become tomorrow’s UK market leaders.