The stock of Mercia Technologies PLC (LON:MERC) is a huge mover today! The stock increased 1.51% or GBX 0.7 on November 29, hitting GBX 47.2. About 84,057 shares traded hands or 326.86% up from the average. Mercia Technologies PLC (LON:MERC) has risen 9.41% since April 28, 2016 and is uptrending. It has outperformed by 4.15% the S&P500.
The move comes after 7 months positive chart setup for the GBX 100.30M company. It was reported on Nov, 29 by Barchart.com. We have GBX 50.98 PT which if reached, will make LON:MERC worth GBX 8.02 million more.
Mercia Technologies PLC is a national investment company. The company has a market cap of 100.30 million GBP. The Firm is also engaged in the technology transfer business. It has a 561.9 P/E ratio. The Company’s investment objective is to generate capital growth for shareholders in the creation, funding, incubation and development of technology businesses with an emphasis on the Midlands and the North of the United Kingdom.
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