The Mercantile Investment Trust (LON:MRC) Releases Earnings Results

The Mercantile Investment Trust (LON:MRCGet Free Report) released its quarterly earnings results on Monday. The investment trust reported GBX 5.66 earnings per share for the quarter, Digital Look Earnings reports. The Mercantile Investment Trust had a net margin of 94.67% and a return on equity of 20.56%.

The Mercantile Investment Trust Stock Up 1.1%

MRC stock opened at GBX 248.20 on Wednesday. The firm has a 50 day moving average of GBX 249.11 and a 200 day moving average of GBX 246.63. The stock has a market capitalization of £1.76 billion, a PE ratio of 7.93 and a beta of 1.16. The Mercantile Investment Trust has a 52 week low of GBX 195 and a 52 week high of GBX 259.

About The Mercantile Investment Trust

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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.

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