Mercia Asset Management (LON:MERC) Trading Up 0%

Mercia Asset Management PLC (LON:MERC) shares rose 0% on Monday . The stock traded as high as GBX 35 ($0.44) and last traded at GBX 34.01 ($0.43). Approximately 28,532 shares changed hands during trading, a decline of 96% from the average daily volume of 804,195 shares. The stock had previously closed at GBX 34 ($0.43).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 64 ($0.80) price objective on shares of Mercia Asset Management in a research note on Wednesday, April 10th.

Mercia Asset Management Stock Performance

The company has a debt-to-equity ratio of 0.43, a quick ratio of 5.34 and a current ratio of 3.54. The firm has a market capitalization of £147.28 million, a price-to-earnings ratio of -3,401.00 and a beta of 1.25. The company has a fifty day moving average of GBX 32.87 and a two-hundred day moving average of GBX 29.73.

Insider Activity

In related news, insider Raymond Kenneth Chamberlain sold 1,563,813 shares of the firm’s stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of GBX 32 ($0.40), for a total value of £500,420.16 ($628,668.54). 30.43% of the stock is currently owned by corporate insiders.

About Mercia Asset Management

Mercia Asset Management PLC is a private equity and venture capital firm specializing in incubation, seed EIS, early stage, emerging growth, mid venture, late stage and growth capital investments. It invests in technology focusing on sectors such as digital entertainment, consumer services, media, retailing, energy, healthcare, industrials, materials, real estate, telecommunication services, gaming, internet, software, electronics and hardware, advanced materials, transportation, biosciences, engineering and specialist manufacturing, and life sciences.