Montanaro UK Smaller Companies (LON:MTU) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

Montanaro UK Smaller Companies (LON:MTU)’s share price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 101.93 and traded as high as GBX 106.50. Montanaro UK Smaller Companies shares last traded at GBX 105.83, with a volume of 364,294 shares.

Montanaro UK Smaller Companies Stock Down 0.5%

The company has a market capitalization of £122.28 million, a price-to-earnings ratio of -18.95 and a beta of 0.98. The company has a current ratio of 0.37, a quick ratio of 41.12 and a debt-to-equity ratio of 9.83. The firm’s 50 day simple moving average is GBX 101.93 and its 200-day simple moving average is GBX 100.32.

Montanaro UK Smaller Companies (LON:MTU) last released its earnings results on Friday, November 21st. The company reported GBX 2.20 earnings per share (EPS) for the quarter. Montanaro UK Smaller Companies had a return on equity of 13.16% and a net margin of 91.45%.

About Montanaro UK Smaller Companies

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.