Montanaro UK Smaller Companies (LON:MTU) Shares Cross Below 50 Day Moving Average – Here’s Why

Montanaro UK Smaller Companies (LON:MTU)’s stock price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 98.65 ($1.32) and traded as low as GBX 96.60 ($1.29). Montanaro UK Smaller Companies shares last traded at GBX 98.29 ($1.31), with a volume of 493,521 shares changing hands.

Montanaro UK Smaller Companies Trading Up 0.5%

The company has a quick ratio of 41.12, a current ratio of 0.37 and a debt-to-equity ratio of 9.83. The stock has a fifty day simple moving average of GBX 98.65 and a 200 day simple moving average of GBX 99.77. The firm has a market capitalization of £125.41 million, a P/E ratio of -11.82 and a beta of 0.98.

Montanaro UK Smaller Companies Company Profile

The Trust aims to achieve capital growth by investing in small companies listed on the London Stock Exchange or its Alternative Investment Market (AIM). It seeks relative outperformance of its benchmark, the Numis Smaller Companies Index.

Montanaro Asset Management was founded by Charles Montanaro in 1991 with a vision to bring a different approach to SmallCap investing.

We think of ourselves as an Oasis in the City.