Canaccord Genuity reissued their buy rating on shares of Mercia Technologies (LON:MERC) in a research note published on Wednesday morning. The firm currently has a GBX 53 ($0.71) target price on the stock.
Mercia Technologies (LON MERC) traded up GBX 0.75 ($0.01) during midday trading on Wednesday, hitting GBX 36.50 ($0.49). The company had a trading volume of 225,758 shares, compared to its average volume of 65,749. Mercia Technologies has a 52-week low of GBX 31 ($0.42) and a 52-week high of GBX 51.03 ($0.69).
Mercia Technologies Company Profile
Mercia Technologies PLC is a national investment company. The Company is also engaged in the technology transfer business. The Company’s investment objective is to generate capital growth for shareholders in the creation, funding, incubation and development of technology businesses with an emphasis on the Midlands and the North of the United Kingdom.
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