The Mercantile Investment Trust (LON:MRC) Reaches New 52-Week High – Still a Buy?

Posted by Latisha Jones on Jan 9th, 2026

Shares of The Mercantile Investment Trust plc (LON:MRC – Get Free Report) hit a new 52-week high on Wednesday . The company traded as high as GBX 260 and last traded at GBX 259.59, with a volume of 583048 shares. The stock had previously closed at GBX 259.

The Mercantile Investment Trust Stock Down 0.4%

The company has a market cap of £1.79 billion, a price-to-earnings ratio of 78.88 and a beta of 1.16. The business has a fifty day simple moving average of GBX 251.46 and a 200 day simple moving average of GBX 251.10.

The Mercantile Investment Trust (LON:MRC – Get Free Report) last posted its quarterly earnings results on Monday, October 20th. The investment trust reported GBX 5.66 earnings per share for the quarter. The Mercantile Investment Trust had a net margin of 94.67% and a return on equity of 20.56%.

Insider Activity

In related news, insider Graham Kitchen bought 10,000 shares of the company’s stock in a transaction on Monday, December 15th. The stock was bought at an average cost of GBX 253 per share, with a total value of £25,300. Also, insider Rachel Beagles purchased 30,000 shares of The Mercantile Investment Trust stock in a transaction dated Monday, November 10th. The shares were bought at an average price of GBX 247 per share, with a total value of £74,100. Insiders have acquired 50,771 shares of company stock worth $12,600,437 over the last 90 days. 0.11% of the stock is currently owned by company insiders.

About The Mercantile Investment Trust

(Get Free Report)

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.
Rigorous research

In a segment of the stock market that demands first-hand scrutiny, our disciplined research-based investment approach really sets us apart, providing exceptional access to a diversified portfolio of quality stocks with attractive long-term growth potential.
Focused on dividends

Our focus on quality companies with strong cash flows also helps to generate an attractive income for shareholders, with the opportunity to target annual dividend growth ahead of the rate of inflation.