Montanaro UK Smaller Companies (LON:MTU) Stock Price Crosses Above 50-Day Moving Average of $109.46

Shares of Montanaro UK Smaller Companies (LON:MTU) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 109.46 ($1.41) and traded as high as GBX 111.10 ($1.43). Montanaro UK Smaller Companies shares last traded at GBX 110 ($1.41), with a volume of 174,738 shares changing hands.

Montanaro UK Smaller Companies Stock Performance

The firm’s 50-day moving average price is GBX 109.46 and its two-hundred day moving average price is GBX 104.27. The company has a debt-to-equity ratio of 10.82, a quick ratio of 41.12 and a current ratio of 11.57. The stock has a market cap of £184.12 million, a price-to-earnings ratio of 1,000.00 and a beta of 0.98.

Montanaro UK Smaller Companies Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, August 9th. Stockholders of record on Thursday, July 18th will be given a dividend of GBX 1.24 ($0.02) per share. This is a boost from Montanaro UK Smaller Companies’s previous dividend of $1.19. The ex-dividend date is Thursday, July 18th. This represents a dividend yield of 1.12%. Montanaro UK Smaller Companies’s payout ratio is presently 4,545.45%.

Insider Activity

In other news, insider Barbara Powley purchased 254 shares of the stock in a transaction dated Friday, May 10th. The shares were purchased at an average price of GBX 107 ($1.38) per share, with a total value of £271.78 ($349.60). Corporate insiders own 0.21% of the company’s stock.

About Montanaro UK Smaller Companies

Montanaro UK Smaller Companies Investment Trust PLC is a closed-ended equity mutual fund launched and managed by Montanaro Investment Managers Ltd. It invests in the public equity markets of the United Kingdom. The fund seeks to invest in stocks of small-cap companies operating across diversified sectors.