M&G Recovery & Value Trust (LON:MRV) Posts Earnings Results

M&G Recovery & Value Trust (LON:MRV) posted its quarterly earnings results on Wednesday. The company reported GBX (0.36) EPS for the quarter, Digital Look Earnings reports. The firm had revenue of GBX 165 million for the quarter.

M&G Recovery & Value Trust Stock Down 0.9%

LON:MRV opened at GBX 53.50 on Friday. The company’s 50 day moving average price is GBX 52.89 and its 200-day moving average price is GBX 55.93. M&G Recovery & Value Trust has a 52 week low of GBX 50 and a 52 week high of GBX 65.50. The stock has a market cap of £75.08 million and a price-to-earnings ratio of -12.27.

M&G Recovery & Value Trust plc is a closed-end investment company listed on the London Stock Exchange. Domiciled in Guernsey and managed by M&G Investment Management, the trust seeks to deliver long-term total returns by investing in undervalued companies that exhibit potential for operational or financial recovery. Its shares trade under the ticker MRV.

The trust’s core strategy centers on a concentrated portfolio of primarily mid- and large-capitalization equities, supplemented on occasion by debt instruments, across developed markets.