The Merchants Trust (LON:MRCH) Share Price Crosses Below 200-Day Moving Average – Time to Sell?

The Merchants Trust Plc ( LON:MRCH – Get Free Report )’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 546.59 ($7.

23) and traded as low as GBX 522 ($6.91). The Merchants Trust shares last traded at GBX 533 ($7.



05), with a volume of 224,270 shares traded. The Merchants Trust Trading Down 1.5 % The stock has a market cap of £780.

85 million, a PE ratio of 7.17 and a beta of 0.95.

The business has a 50-day moving average price of GBX 524.30 and a 200 day moving average price of GBX 546.59.

The Merchants Trust ( LON:MRCH – Get Free Report ) last issued its earnings results on Wednesday, April 9th. The investment trust reported GBX 29.43 ($0.

39) earnings per share (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 Increases Dividend The Merchants Trust Company Profile ( Get Free Report ) 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. See Also 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 .

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