The Mercantile Investment Trust plc (LON:MRC) Insider Purchases £17,040 in Stock

The Mercantile Investment Trust plc (LON:MRC) insider Damien Maltarp purchased 8,000 shares of the business’s stock in a transaction on Thursday, April 10th. The stock was acquired at an average price of GBX 213 ($2.79) per share, with a total value of £17,040 ($22,303.66).

The Mercantile Investment Trust Price Performance

Shares of LON:MRC opened at GBX 213 ($2.79) on Friday. The company has a market cap of £1.58 billion, a P/E ratio of 4.00 and a beta of 1.16. The business has a fifty day simple moving average of GBX 232.14 and a 200-day simple moving average of GBX 234.53. The Mercantile Investment Trust plc has a 52 week low of GBX 195 ($2.55) and a 52 week high of GBX 269.05 ($3.52).

The Mercantile Investment Trust (LON:MRC) last issued its quarterly earnings results on Tuesday, April 8th. The investment trust reported GBX 8.96 ($0.12) earnings per share (EPS) for the quarter. The Mercantile Investment Trust had a return on equity of 20.56% and a net margin of 94.67%.

About The Mercantile Investment Trust

The Mercantile Investment Trust Approach

Expert market access

As one of the largest UK equity investment trusts and a history stretching back more than 130 years, The Mercantile Investment Trust enjoys a long and successful track record championing quality UK medium-sized and smaller companies.