M&G Credit Income Investment (LON:MGCI) Stock Price Down 0.7% – Here’s Why

M&G Credit Income Investment (LON:MGCIGet Free Report) was down 0.7% during trading on Thursday . The company traded as low as GBX 88.20 and last traded at GBX 89.40. Approximately 555,842 shares traded hands during trading, a decline of 3% from the average daily volume of 572,857 shares. The stock had previously closed at GBX 90.

M&G Credit Income Investment Stock Down 0.7%

The company has a market cap of £183.98 million, a P/E ratio of 15.23 and a beta of 0.37. The company’s 50-day moving average is GBX 92.32 and its two-hundred day moving average is GBX 94.06.

M&G Credit Income Investment (LON:MGCIGet Free Report) last announced its quarterly earnings data on Monday, March 30th. The company reported GBX 5.28 EPS for the quarter. The business had revenue of GBX 1,155 million for the quarter. M&G Credit Income Investment had a net margin of 81.98% and a return on equity of 4.20%.

Insider Activity

In related news, insider Richard Boleat purchased 10,000 shares of the stock in a transaction that occurred on Tuesday, February 10th. The shares were bought at an average price of GBX 94 per share, with a total value of £9,400. 0.09% of the stock is currently owned by 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.

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