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

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

M&G Recovery & Value Trust Stock Performance

LON MRV traded down GBX 0.50 during mid-day trading on Thursday, reaching GBX 52.50. 646 shares of the stock were exchanged, compared to its average volume of 96,217. The stock has a market capitalization of £66.44 million and a PE ratio of -86.07. M&G Recovery & Value Trust has a 1-year low of GBX 50 and a 1-year high of GBX 65.50. The business’s fifty day simple moving average is GBX 52.62 and its 200 day simple moving average is GBX 52.68.

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.