Mercia Asset Management PLC (LON:MERC) Insider Purchases £34,998.48 in Stock

Posted by Tyrone Williams on Feb 6th, 2025

Mercia Asset Management PLC (LON:MERC – Get Free Report) insider Martin James Glanfield bought 129,624 shares of the stock in a transaction on Monday, February 3rd. The shares were acquired at an average price of GBX 27 ($0.34) per share, with a total value of £34,998.48 ($43,525.03).

Mercia Asset Management Trading Down 1.9 %

Mercia Asset Management stock opened at GBX 26 ($0.32) on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 5.34 and a current ratio of 4.41. Mercia Asset Management PLC has a 1 year low of GBX 26 ($0.32) and a 1 year high of GBX 37 ($0.46). The firm’s 50-day moving average is GBX 28.58 and its 200-day moving average is GBX 31.26. The company has a market cap of £112.14 million, a P/E ratio of -1,300.00 and a beta of 1.20.

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

Mercia Asset Management Cuts Dividend

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

About Mercia Asset Management

(Get Free Report)

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.