The Mercantile Investment Trust (LON:MRC) Insider Graham Kitchen Buys 10,000 Shares of Stock

The Mercantile Investment Trust plc (LON:MRC) insider Graham Kitchen acquired 10,000 shares of the company’s stock in a transaction dated Monday, December 15th. The stock was acquired at an average cost of GBX 253 per share, with a total value of £25,300.

The Mercantile Investment Trust Price Performance

The Mercantile Investment Trust stock opened at GBX 253 on Tuesday. The company has a market capitalization of £1.75 billion, a price-to-earnings ratio of 76.44 and a beta of 1.16. The firm’s fifty day moving average price is GBX 249.65 and its 200 day moving average price is GBX 250.60. The Mercantile Investment Trust plc has a 12-month low of GBX 195 and a 12-month high of GBX 259.

The Mercantile Investment Trust (LON:MRC) last announced its quarterly earnings data 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%.

About The Mercantile Investment Trust

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.