River and Mercantile UK Micro Cap (LON:RMMC) Shares Down 1.2% – Here’s What Happened

River and Mercantile UK Micro Cap (LON:RMMC)’s share price dropped 1.2% during trading on Thursday . The company traded as low as GBX 174.47 ($2.13) and last traded at GBX 174.47 ($2.13). Approximately 379,817 shares traded hands during mid-day trading, an increase of 311% from the average daily volume of 92,365 shares. The stock had previously closed at GBX 176.50 ($2.16).

River and Mercantile UK Micro Cap Stock Down 1.0 %

The company has a market cap of £59.24 million and a P/E ratio of -239.38. The firm has a fifty day moving average price of GBX 177.55 and a 200 day moving average price of GBX 178.47.

River and Mercantile UK Micro Cap Company Profile

River & Mercantile UK Micro Cap Investment is a closed-ended investment company. The Company’s investment objective is to achieve long term capital growth from investment in a diversified portfolio of UK micro cap companies, typically comprising companies with a free float market capitalisation of less than £100 million at the time of purchase.