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

M&G Recovery & Value Trust (LON:MRV) issued 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 LON:MRV traded down GBX 0.50 during trading on Thursday, reaching GBX 52.50. 646 shares of the company traded hands, compared to its average volume of 96,217. The firm has a market capitalization of £66.44 million and a PE ratio of -86.07. M&G Recovery & Value Trust has a 52 week low of GBX 50 and a 52 week high of GBX 65.50. The company’s 50 day moving average is GBX 52.62 and its two-hundred day 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.