M&G Recovery & Value Trust (LON:MRV) Announces Earnings Results

M&G Recovery & Value Trust (LON:MRV) posted its quarterly earnings results on Wednesday. The company reported GBX 0.16 earnings per share (EPS) for the quarter, Digital Look Earnings reports.

M&G Recovery & Value Trust Stock Down 0.9%

Shares of MRV traded down GBX 0.50 during mid-day trading on Friday, reaching GBX 52.50. The company had a trading volume of 646 shares, compared to its average volume of 96,217. The stock has a market capitalization of £66.44 million and a P/E ratio of -86.07. The stock has a 50 day moving average of GBX 52.63 and a two-hundred day moving average of GBX 52.67. M&G Recovery & Value Trust has a 52-week low of GBX 50 and a 52-week high of GBX 65.50.

M&G Recovery & Value Trust plc is a closed-end investment company listed on the London Stock Exchange. Domiciled in Guernsey and managed by M&G Investment Management, the trust seeks to deliver long-term total returns by investing in undervalued companies that exhibit potential for operational or financial recovery. Its shares trade under the ticker MRV.

The trust’s core strategy centers on a concentrated portfolio of primarily mid- and large-capitalization equities, supplemented on occasion by debt instruments, across developed markets.