Montanaro UK Smaller Companies (LON:MTU) Shares Cross Below 50 Day Moving Average – Here’s What Happened

Montanaro UK Smaller Companies (LON:MTU) shares crossed below its 50 day moving average during trading on Friday. The stock has a 50 day moving average of GBX 110.98 and traded as low as GBX 110.50. Montanaro UK Smaller Companies shares last traded at GBX 110.50, with a volume of 43,649 shares traded.

Montanaro UK Smaller Companies Trading Down 0.9%

The company has a market cap of £122.07 million, a P/E ratio of -1,227.78 and a beta of 1.19. The company has a quick ratio of 41.12, a current ratio of 4.27 and a debt-to-equity ratio of 8.73. The firm’s 50-day moving average price is GBX 110.98 and its 200-day moving average price is GBX 106.64.

Montanaro UK Smaller Companies (LON:MTU) last released its quarterly earnings data on Friday, November 13th. The company reported GBX 1.44 EPS for the quarter. The company had revenue of GBX 217 million during the quarter. Montanaro UK Smaller Companies had a negative net margin of 9.15% and a negative return on equity of 0.08%.

Montanaro UK Smaller Companies Company Profile

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.