M&G Credit Income Investment (LON:MGCI) Reaches New 1-Year Low – Here’s What Happened

M&G Credit Income Investment (LON:MGCIGet Free Report)’s stock price hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 92.80 and last traded at GBX 95, with a volume of 1618253 shares traded. The stock had previously closed at GBX 94.60.

M&G Credit Income Investment Stock Performance

The company has a market cap of £185.34 million, a PE ratio of 16.18 and a beta of 0.38. The business’s 50-day moving average is GBX 95.06 and its 200 day moving average is GBX 95.30.

M&G Credit Income Investment (LON:MGCIGet Free Report) last posted its quarterly earnings results on Wednesday, September 17th. The company reported GBX 2.61 earnings per share (EPS) for the quarter. M&G Credit Income Investment had a net margin of 88.81% and a return on equity of 10.78%.

Insiders Place Their Bets

In related news, insider Richard Boleat purchased 10,200 shares of M&G Credit Income Investment stock in a transaction that occurred on Wednesday, November 5th. The shares were acquired at an average cost of GBX 94 per share, for a total transaction of £9,588. 0.08% of the stock is owned by corporate insiders.

M&G Credit Income Investment Company Profile

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M&G Credit Income Investment Trust plc invests in a portfolio of public and private debt and debt-like instruments. The company was incorporated in 2018 and is based in London, the United Kingdom.

Further Reading

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