Montanaro European Smaller Co.s Trust (LON:MTE) shares rose 0.2% during mid-day trading on Friday . The stock traded as high as GBX 1,035 ($13.52) and last traded at GBX 1,025 ($13.39), approximately 3,564 shares were traded during mid-day trading. A decline of 41% from the average daily volume of 5,992 shares. The stock had previously closed at GBX 1,022.50 ($13.36).

The company has a 50 day simple moving average of GBX 1,069.58 and a 200-day simple moving average of GBX 856.63. The stock has a market cap of $173.19 million and a price-to-earnings ratio of 8.76. The company has a current ratio of 39.65, a quick ratio of 39.65 and a debt-to-equity ratio of 5.07.

About Montanaro European Smaller Co.s Trust (LON:MTE)

Montanaro European Smaller Companies Trust plc is an open ended equity mutual fund launched and managed by Montanaro Investment Managers Ltd. It invests in public equity markets of Europe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in growth stocks of small-cap companies listed on London Stock Exchange.

Further Reading: What does the Producer Price Index (PPI) tell investors?

Receive News & Ratings for Montanaro European Smaller Co.s Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Montanaro European Smaller Co.s Trust and related companies with MarketBeat.com's FREE daily email newsletter.