Mercantile (LON:MRC – Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 230 ($2.89) and last traded at GBX 229.28 ($2.88), with a volume of 244025 shares changing hands. The stock had previously closed at GBX 227.50 ($2.86).
Mercantile Stock Performance
The firm’s fifty day simple moving average is GBX 222.44 and its 200 day simple moving average is GBX 211.87. The company has a market capitalization of £1.76 billion, a PE ratio of 2,270.00 and a beta of 1.12. The company has a debt-to-equity ratio of 17.58, a current ratio of 5.04 and a quick ratio of 11.82.
Mercantile Increases Dividend
The business also recently announced a dividend, which will be paid on Thursday, May 16th. Stockholders of record on Thursday, April 11th will be paid a GBX 3.30 ($0.04) dividend. This is an increase from Mercantile’s previous dividend of $1.45. The ex-dividend date is Thursday, April 11th. This represents a dividend yield of 1.46%. Mercantile’s dividend payout ratio is presently 8,000.00%.
Insider Buying and Selling
Mercantile Company Profile
The Mercantile Investment Trust plc is an open ended equity mutual fund launched and managed by JPMorgan Funds Limited. The fund is co-managed by JPMorgan Asset Management (UK) Limited. It invests in the public equity markets of the United Kingdoms. The fund spreads its investments across diversified sectors.
Further Reading
- Five stocks we like better than Mercantile
- The 3 Best Blue-Chip Stocks to Buy Now
- AMD is Down 35%. Now is the Time to Buy the Dip
- Basic Materials Stocks Investing
- Amazon Stands Tall: New Highs Are in Sight
- The Most Important Warren Buffett Stock for Investors: His Own
- Chesapeake Energy Stock is The Energy Play, Earnings Confirm
Receive News & Ratings for Mercantile Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mercantile and related companies with MarketBeat.com's FREE daily email newsletter.