River & Mercantile UK Micro Cp Iv Co’s (RMMC) “Hold” Rating Reaffirmed at Numis Securities Ltd
River & Mercantile UK Micro Cp Iv Co Ltd (LON:RMMC)‘s stock had its “hold” rating reiterated by research analysts at Numis Securities Ltd in a report released on Wednesday. They presently have a GBX 240 ($2.97) target price on the stock. Numis Securities Ltd’s price target points to a potential upside of 106.90% from the company’s current price.
River & Mercantile UK Micro Cp Iv Co (LON:RMMC) traded down 1.34% on Wednesday, reaching GBX 114.45. The company had a trading volume of 54,482 shares. The firm has a 50-day moving average of GBX 1.24 and a 200-day moving average of GBX 1.18. River & Mercantile UK Micro Cp Iv Co has a 12 month low of GBX 102.00 and a 12 month high of GBX 122.50.
In other River & Mercantile UK Micro Cp Iv Co news, insider Andrew Chapman purchased 10,000 shares of the business’s stock in a transaction dated Monday, October 3rd. The shares were bought at an average price of GBX 118 ($1.46) per share, with a total value of £11,800 ($14,603.96). Also, insider Trudi Clark purchased 16,885 shares of the business’s stock in a transaction dated Tuesday, September 27th. The shares were acquired at an average cost of GBX 118 ($1.46) per share, for a total transaction of £19,924.30 ($24,658.79).
River & Mercantile UK Micro Cp Iv Co Company Profile
River and Mercantile UK Micro Cap Investment Company Limited is a United Kingdom-based closed-ended investment company. The Fund’s investment objective is that it aims to achieve long term capital growth from investment in a diversified portfolio of the United Kingdom Micro Cap Companies, typically comprising companies with a free float market capitalization of less than approximately British Pounds 100 million at the time of purchase.
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