Mercia Asset Management PLC (LON:MERC) Declares Dividend of GBX 0.37

Mercia Asset Management PLC (LON:MERC) declared a dividend on Tuesday, November 26th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, December 5th will be paid a dividend of GBX 0.37 ($0.00) per share on Wednesday, January 8th. This represents a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, December 5th. The official announcement can be accessed at this link.

Mercia Asset Management Trading Down 1.1 %

Mercia Asset Management stock traded down GBX 0.34 ($0.00) during trading on Wednesday, hitting GBX 30.66 ($0.39). The company had a trading volume of 35,100 shares, compared to its average volume of 780,904. The company’s 50 day simple moving average is GBX 31.05 and its 200-day simple moving average is GBX 32.47. Mercia Asset Management has a 1-year low of GBX 26 ($0.33) and a 1-year high of GBX 37 ($0.47). The company has a current ratio of 4.41, a quick ratio of 5.34 and a debt-to-equity ratio of 0.37. The stock has a market cap of £132.24 million, a price-to-earnings ratio of -1,533.00 and a beta of 1.20.

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 64 ($0.80) price target on shares of Mercia Asset Management in a research note on Thursday, September 26th.

About Mercia Asset Management

Mercia Asset Management PLC is a private equity and venture capital firm specializing in incubation, seed EIS, early stage, emerging growth, mid venture, late stage and growth capital investments. It invests in technology focusing on sectors such as digital entertainment, consumer services, media, retailing, energy, healthcare, industrials, materials, real estate, telecommunication services, gaming, internet, software, electronics and hardware, advanced materials, transportation, biosciences, engineering and specialist manufacturing, and life sciences.