The Mercantile Investment Trust (LON:MRC) Insider Graham Kitchen Purchases 10,000 Shares

Key Points

  • Graham Kitchen purchased 10,000 shares of The Mercantile Investment Trust (LON:MRC) on December 15 at an average price of GBX 253 per share, totaling £25,300.
  • The stock opened at GBX 253, trading near its 50‑day and 200‑day SMAs (GBX 249.65 and GBX 250.60), with a market cap of £1.75 billion, a P/E of 76.44, beta 1.16, and a 12‑month range of GBX 195–259.
  • The trust reported quarterly EPS of GBX 5.66, with a net margin of 94.67% and return on equity of 20.56%, and is a long-established UK equity investment trust focused on medium‑sized and smaller companies.

The Mercantile Investment Trust plc (LON:MRC - Get Free Report) insider Graham Kitchen acquired 10,000 shares of the company's stock in a transaction that occurred on Monday, December 15th. The stock was bought at an average price of GBX 253 per share, with a total value of £25,300.

The Mercantile Investment Trust Stock Up 0.8%

Shares of MRC opened at GBX 253 on Tuesday. The stock's fifty day simple moving average is GBX 249.65 and its 200-day simple moving average is GBX 250.60. The firm has a market capitalization of £1.75 billion, a PE ratio of 76.44 and a beta of 1.16. The Mercantile Investment Trust plc has a 12-month low of GBX 195 and a 12-month high of GBX 259.

The Mercantile Investment Trust (LON:MRC - Get Free Report) last posted its quarterly earnings results on Monday, October 20th. The investment trust reported GBX 5.66 earnings per share for the quarter. The Mercantile Investment Trust had a net margin of 94.67% and a return on equity of 20.56%.

The Mercantile Investment Trust Company Profile

(Get Free Report)

The Mercantile Investment Trust Approach Expert market access As one of the largest UK equity investment trusts and a history stretching back more than 130 years, The Mercantile Investment Trust enjoys a long and successful track record championing quality UK medium-sized and smaller companies.

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