Montanaro UK Smaller Companies (LON:MTU) Stock Passes Above Fifty Day Moving Average – Should You Sell?

Shares of Montanaro UK Smaller Companies (LON:MTUGet Free Report) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 109.21 and traded as high as GBX 112.50. Montanaro UK Smaller Companies shares last traded at GBX 111.50, with a volume of 49,783 shares changing hands.

Montanaro UK Smaller Companies Stock Performance

The stock has a market cap of £122.78 million, a price-to-earnings ratio of -1,227.78 and a beta of 1.23. The company has a debt-to-equity ratio of 8.73, a current ratio of 4.27 and a quick ratio of 41.12. The firm has a fifty day moving average of GBX 109.32 and a 200 day moving average of GBX 105.18.

Montanaro UK Smaller Companies (LON:MTUGet Free Report) last released its quarterly earnings data on Friday, June 26th. The company reported GBX 3.15 earnings per share for the quarter. The company had revenue of GBX 489 million for the quarter. Montanaro UK Smaller Companies had a negative return on equity of 0.08% and a negative net margin of 9.15%.

Insider Activity at Montanaro UK Smaller Companies

In other news, insider Yuuichiro Nakajima purchased 5,000 shares of the stock in a transaction dated Friday, June 26th. The shares were purchased at an average price of GBX 106 per share, with a total value of £5,300. 0.49% of the stock is currently owned by corporate insiders.

About Montanaro UK Smaller Companies

(Get Free Report)

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. 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.

Further Reading

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