The Merchants Trust (LON:MRCH) Stock Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Posted by Dante Gardener on Dec 26th, 2024

The Merchants Trust Plc (LON:MRCH – Get Free Report)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 574.45 ($7.20) and traded as low as GBX 548.48 ($6.88). The Merchants Trust shares last traded at GBX 555 ($6.96), with a volume of 36,244 shares trading hands.

The Merchants Trust Stock Performance

The company has a current ratio of 0.55, a quick ratio of 0.70 and a debt-to-equity ratio of 7.59. The stock has a market capitalization of £823.73 million, a PE ratio of 760.27 and a beta of 0.95. The firm’s fifty day moving average is GBX 561.71 and its 200-day moving average is GBX 574.30.

The Merchants Trust Increases Dividend

The company also recently announced a dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 10th were given a GBX 7.30 ($0.09) dividend. This is a positive change from The Merchants Trust’s previous dividend of $7.20. The ex-dividend date of this dividend was Thursday, October 10th. This represents a yield of 1.25%. The Merchants Trust’s payout ratio is presently 3,972.60%.

The Merchants Trust Company Profile

(Get Free Report)

The Merchants Trust Plc is a closed-ended equity mutual fund launched and managed by Allianz Global Investors GmbH, UK Branch. The fund invests in the public equity markets of the United Kingdom. It invests in stocks of companies operating across diversified sectors. The fund benchmarks the performance of its portfolio against the FTSE All-Share Index.