Montanaro European Smaller (LON:MTE) Announces Earnings Results

Montanaro European Smaller (LON:MTE) announced its quarterly earnings data on Wednesday. The company reported GBX 1.94 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Montanaro European Smaller had a net margin of 20,362.04% and a return on equity of 9.88%.

Montanaro European Smaller Stock Up 0.3%

LON:MTE opened at GBX 173.50 on Wednesday. Montanaro European Smaller has a 12-month low of GBX 142 and a 12-month high of GBX 189. The company has a quick ratio of 0.12, a current ratio of 0.27 and a debt-to-equity ratio of 7.02. The firm has a market capitalization of £213.89 million, a P/E ratio of 9.68 and a beta of 1.47. The stock’s fifty day simple moving average is GBX 178.99 and its 200-day simple moving average is GBX 168.66.

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.