The Merchants Trust Plc (LON:MRCH – Get Free Report)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 559.52 ($7.24) and traded as low as GBX 521 ($6.74). The Merchants Trust shares last traded at GBX 525 ($6.79), with a volume of 204,963 shares trading hands.
The Merchants Trust Stock Up 1.3 %
The firm has a 50 day moving average of GBX 539.06 and a two-hundred day moving average of GBX 559.05. The firm has a market capitalization of £791.25 million, a price-to-earnings ratio of 7.27 and a beta of 0.95.
About The Merchants Trust
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.
Recommended Stories
- Five stocks we like better than The Merchants Trust
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- Ignore Reports, Apple Won’t Install Starlink with iOS 18.3
- Top Biotech Stocks: Exploring Innovation Opportunities
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- Taiwan Semiconductor’s Huge U.S. Move—Stock Impact Ahead
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.
