M&G Credit Income Investment (LON:MGCI) Hits New 1-Year Low – Should You Sell?

M&G Credit Income Investment (LON:MGCIGet Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 93 and last traded at GBX 93.40, with a volume of 695604 shares changing hands. The stock had previously closed at GBX 94.80.

M&G Credit Income Investment Price Performance

The stock’s fifty day simple moving average is GBX 95.54 and its 200-day simple moving average is GBX 95.47. The stock has a market cap of £179.46 million, a P/E ratio of 15.91 and a beta of 0.38.

M&G Credit Income Investment (LON:MGCIGet Free Report) last posted its earnings results on Wednesday, September 17th. The company reported GBX 2.61 earnings per share (EPS) for the quarter. M&G Credit Income Investment had a return on equity of 10.78% and a net margin of 88.81%.

About M&G Credit Income Investment

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M&G Credit Income Investment Trust plc invests in a portfolio of public and private debt and debt-like instruments. The company was incorporated in 2018 and is based in London, the United Kingdom.

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