Montanaro European Smaller (LON:MTE) Stock Price Passes Below 50-Day Moving Average – Time to Sell?

Montanaro European Smaller (LON:MTE) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 176 and traded as low as GBX 175. Montanaro European Smaller shares last traded at GBX 177, with a volume of 99,501 shares traded.

Montanaro European Smaller Price Performance

The company has a debt-to-equity ratio of 7.54, a current ratio of 4.67 and a quick ratio of 0.12. The firm has a 50-day moving average of GBX 176 and a 200-day moving average of GBX 171.18. The stock has a market cap of £204.34 million, a PE ratio of 39.33 and a beta of 1.43.

Montanaro European Smaller (LON:MTE) last released its quarterly earnings data on Wednesday, July 22nd. The company reported GBX 1.94 earnings per share (EPS) for the quarter. Montanaro European Smaller had a net margin of 73.86% and a return on equity of 2.78%.

Insider Transactions at Montanaro European Smaller

In other Montanaro European Smaller news, insider Gordon Neilly bought 440 shares of the firm’s stock in a transaction dated Wednesday, September 2nd. The shares were purchased at an average cost of GBX 178 per share, for a total transaction of £783.20. 0.45% of the stock is currently owned by insiders.

About Montanaro European Smaller

The trust aims to achieve capital growth by investing in small European quoted companies. It seeks to achieve capital growth in excess of its benchmark, the MSCI Europe SmallCap (ex-UK) 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. We ignore market noise and focus on identifying the highest quality businesses that we can own for the long-term.

Almost 30 years later, we manage over £3.5bn (€4bn) on behalf of our clients.