M&G Credit Income Investment (LON:MGCI) Trading Up 0.2% – Still a Buy?

M&G Credit Income Investment (LON:MGCIGet Free Report)’s stock price was up 0.2% on Monday . The company traded as high as GBX 95.60 and last traded at GBX 95. Approximately 435,800 shares were traded during trading, a decline of 1% from the average daily volume of 440,426 shares. The stock had previously closed at GBX 94.80.

M&G Credit Income Investment Price Performance

The company has a fifty day simple moving average of GBX 94.73 and a 200-day simple moving average of GBX 95.09. The company has a market cap of £189.95 million, a P/E ratio of 16.18 and a beta of 0.38.

Insider Activity

In related news, insider Richard Boleat bought 10,000 shares of the business’s stock in a transaction dated Thursday, January 1st. The shares were bought at an average cost of GBX 95 per share, with a total value of £9,500. 0.08% of the stock is owned by company insiders.

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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