The Merchants Trust Plc (LON:MRCH – Get Free Report) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 572.18 ($6.96) and traded as low as GBX 551 ($6.70). The Merchants Trust shares last traded at GBX 552 ($6.72), with a volume of 309,166 shares.
The Merchants Trust Price Performance
The business’s 50 day moving average is GBX 554.44 and its two-hundred day moving average is GBX 572.18. The company has a debt-to-equity ratio of 7.59, a quick ratio of 0.70 and a current ratio of 0.55. The firm has a market capitalization of £819.28 million, a PE ratio of 756.16 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.
See Also
- Five stocks we like better than The Merchants Trust
- High Dividend REITs: Are They an Ideal Way to Diversify?
- AI Demand Sparks Opportunities for These 3 Nuclear Energy Leaders
- How Investors Can Find the Best Cheap Dividend Stocks
- TSMC: Long-Term Outlook Still Strong as Geopolitical Risk Rises
- What is the Dow Jones Industrial Average (DJIA)?
- Uber’s NVIDIA Deal and Buybacks Signal Major Upside
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.
