Montanaro UK Smaller Companies (LON:MTU) Stock Price Passes Below 50-Day Moving Average – Here’s Why

Montanaro UK Smaller Companies (LON:MTUGet Free Report)’s stock price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 107.31 and traded as low as GBX 107. Montanaro UK Smaller Companies shares last traded at GBX 107.97, with a volume of 135,233 shares trading hands.

Montanaro UK Smaller Companies Price Performance

The stock has a 50 day moving average of GBX 107.31 and a two-hundred day moving average of GBX 103.75. The company has a debt-to-equity ratio of 8.73, a quick ratio of 41.12 and a current ratio of 4.27. The stock has a market cap of £118.19 million, a PE ratio of -1,181.17 and a beta of 1.24.

Montanaro UK Smaller Companies (LON:MTUGet Free Report) last announced its earnings results on Friday, June 26th. The company reported GBX 3.15 EPS for the quarter. The company had revenue of GBX 489 million during the quarter. Montanaro UK Smaller Companies had a net margin of 122.76% and a negative return on equity of 9.39%.

Insider Activity at Montanaro UK Smaller Companies

In other news, insider Yuuichiro Nakajima acquired 5,000 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The stock was purchased at an average price of GBX 106 per share, with a total value of £5,300. Company insiders own 0.49% of the company’s stock.

Montanaro UK Smaller Companies Company Profile

(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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