Mercantile (LON:MRC – Get Free Report) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 221.47 ($2.74) and traded as high as GBX 225 ($2.78). Mercantile shares last traded at GBX 220 ($2.72), with a volume of 782,972 shares trading hands.
Mercantile Price Performance
The company has a market capitalization of £1.75 billion, a price-to-earnings ratio of 22,450.00 and a beta of 1.12. The company has a debt-to-equity ratio of 18.01, a current ratio of 11.12 and a quick ratio of 11.82. The business has a fifty day moving average price of GBX 221.68 and a 200 day moving average price of GBX 210.96.
Mercantile Increases Dividend
The firm also recently declared a dividend, which will be paid on Thursday, May 16th. Stockholders of record on Thursday, April 11th will be issued a dividend of GBX 3.30 ($0.04) per share. This represents a dividend yield of 1.46%. This is a positive change from Mercantile’s previous dividend of $1.45. The ex-dividend date of this dividend is Thursday, April 11th. Mercantile’s dividend payout ratio (DPR) is 70,000.00%.
Insider Activity
Mercantile Company Profile
The Mercantile Investment Trust plc is an open ended equity mutual fund launched and managed by JPMorgan Funds Limited. The fund is co-managed by JPMorgan Asset Management (UK) Limited. It invests in the public equity markets of the United Kingdoms. The fund spreads its investments across diversified sectors.
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