The Merchants Trust Plc (LON:MRCH – Get Free Report)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as GBX 634 and last traded at GBX 634, with a volume of 363452 shares changing hands. The stock had previously closed at GBX 628.
The Merchants Trust Trading Up 2.2%
The company has a market capitalization of £959.37 million, a P/E ratio of 28.34 and a beta of 0.95. The business has a 50 day moving average price of GBX 601.85 and a 200 day moving average price of GBX 571.77.
The Merchants Trust (LON:MRCH – Get Free Report) last issued its earnings results on Wednesday, December 17th. The investment trust reported GBX 29.43 EPS for the quarter. The Merchants Trust had a net margin of 90.97% and a return on equity of 13.03%.
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.
Featured Articles
- Five stocks we like better than The Merchants Trust
- The day the gold market broke
- Buy this Gold Stock Before May 2026
- Trump Planning to Use Public Law 63-43: Prepare Now
- Forget AI, This Will Be the Next Big Tech Breakthrough
- What a Former CIA Agent Knows About the Coming Collapse
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.
