The Merchants Trust Plc (LON:MRCH – Get Free Report)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 559.52 ($7.25) and traded as low as GBX 521 ($6.75). The Merchants Trust shares last traded at GBX 525 ($6.80), with a volume of 204,963 shares.
The Merchants Trust Stock Performance
The firm has a fifty day moving average price of GBX 539.60 and a 200 day moving average price of GBX 559.52. The company has a market cap of £780.84 million, a price-to-earnings ratio of 7.17 and a beta of 0.95.
The Merchants Trust Company Profile
The Merchants Trust (MRCH) is managed by Simon Gergel at Allianz GIobal Investors. The Trust aims to generate a high and growing level of income, with the potential for long-term capital growth, from a portfolio of mainly higher yielding large UK companies. Merchants has a distinguished dividend history and is an AIC dividend hero, payouts have grown in each of the last 38 consecutive years.
Featured Articles
- Five stocks we like better than The Merchants Trust
- Airline Stocks – Top Airline Stocks to Buy Now
- 3 Undervalued Stocks You Can Buy at a Discount Now
- Stock Dividend Cuts Happen Are You Ready?
- AMD Stock: Can the PC Refresh Cycle Spark a Rally?
- How Investors Can Find the Best Cheap Dividend Stocks
- Micron Stock Spikes 7%—3 Key Catalysts Behind the Move
Receive News & Ratings for The Merchants Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Merchants Trust and related companies with MarketBeat.com's FREE daily email newsletter.
