The Merchants Trust (LON:MRCH) Insider Neil Galloway Acquires 3,500 Shares

The Merchants Trust Plc (LON:MRCH) insider Neil Galloway purchased 3,500 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The stock was purchased at an average price of GBX 624 per share, with a total value of £21,840.

The Merchants Trust Trading Down 0.2%

The Merchants Trust stock traded down GBX 1 during midday trading on Monday, hitting GBX 625. The stock had a trading volume of 224,944 shares, compared to its average volume of 276,767. The business has a fifty day moving average price of GBX 613.54 and a 200 day moving average price of GBX 610.29. The Merchants Trust Plc has a 12 month low of GBX 536 and a 12 month high of GBX 662. The stock has a market cap of £922.71 million, a P/E ratio of 5.70 and a beta of 0.69.

The Merchants Trust (LON:MRCH) last issued its earnings results on Thursday, April 2nd. The investment trust reported GBX 30.58 EPS for the quarter. The Merchants Trust had a return on equity of 17.67% and a net margin of 93.22%.The company had revenue of GBX 5,024 million during the quarter.

About The Merchants Trust

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.