Gordon Neilly Acquires 440 Shares of Montanaro European Smaller (LON:MTE) Stock

Montanaro European Smaller (LON:MTE) insider Gordon Neilly acquired 440 shares of the stock in a transaction on Wednesday, September 2nd. The shares were purchased at an average cost of GBX 178 per share, with a total value of £783.20.

Montanaro European Smaller Stock Down 0.5%

LON:MTE traded down GBX 0.85 during mid-day trading on Wednesday, hitting GBX 176.15. 289,908 shares of the company’s stock were exchanged, compared to its average volume of 379,831. The company has a market cap of £204.21 million, a PE ratio of 39.14 and a beta of 1.45. The company has a debt-to-equity ratio of 7.54, a current ratio of 4.67 and a quick ratio of 0.12. Montanaro European Smaller has a one year low of GBX 142 and a one year high of GBX 189. The business has a fifty day moving average price of GBX 175.80 and a 200 day moving average price of GBX 170.63.

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

Montanaro European Smaller Company Profile

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.