Mercia Asset Management PLC (LON:MERC) Insider Martin James Glanfield Purchases 129,624 Shares

Mercia Asset Management PLC (LON:MERC) insider Martin James Glanfield acquired 129,624 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The stock was purchased at an average cost of GBX 27 ($0.34) per share, with a total value of £34,998.48 ($43,682.58).

Mercia Asset Management Trading Up 0.9 %

Shares of LON:MERC opened at GBX 26.74 ($0.33) on Wednesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 5.34 and a current ratio of 4.41. The stock has a market capitalization of £115.33 million, a price-to-earnings ratio of -1,337.00 and a beta of 1.20. The stock’s 50-day simple moving average is GBX 28.77 and its two-hundred day simple moving average is GBX 31.36. Mercia Asset Management PLC has a 52-week low of GBX 26 ($0.32) and a 52-week high of GBX 37 ($0.46).

Mercia Asset Management (LON:MERC) last released its earnings results on Tuesday, November 26th. The company reported GBX 0.41 ($0.01) earnings per share for the quarter. Mercia Asset Management had a negative return on equity of 3.87% and a negative net margin of 24.92%. Analysts expect that Mercia Asset Management PLC will post 0.9368771 EPS for the current year.

Mercia Asset Management Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, January 8th. Shareholders of record on Thursday, December 5th were issued a dividend of GBX 0.37 ($0.00) per share. This represents a yield of 1.2%. The ex-dividend date was Thursday, December 5th. Mercia Asset Management’s dividend payout ratio is currently -5,000.00%.

Mercia Asset Management Company Profile

Mercia is a proactive, specialist asset manager focused on supporting regional SMEs to achieve their growth aspirations. Mercia provides capital across its four asset classes of balance sheet, venture, private equity and debt capital; the Group’s ‘Complete Capital Solution’. The Group initially nurtures businesses via its third-party funds under management then, over time, Mercia can provide further funding to the most promising companies by deploying direct investment follow-on capital from its own balance sheet.