The Mercantile Investment Trust (LON:MRC) Posts Quarterly Earnings Results

The Mercantile Investment Trust (LON:MRCGet Free Report) issued its quarterly earnings data on Tuesday. The investment trust reported GBX 8.96 ($0.11) EPS for the quarter, Digital Look Earnings reports. The Mercantile Investment Trust had a return on equity of 20.56% and a net margin of 94.67%.

The Mercantile Investment Trust Price Performance

Shares of The Mercantile Investment Trust stock opened at GBX 215 ($2.75) on Thursday. The firm has a market cap of £1.60 billion, a PE ratio of 4.04 and a beta of 1.16. The Mercantile Investment Trust has a 1 year low of GBX 195 ($2.49) and a 1 year high of GBX 269.05 ($3.44). The stock has a fifty day moving average price of GBX 233.29 and a 200-day moving average price of GBX 234.95.

About The Mercantile Investment Trust

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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.

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