Montanaro UK Smaller Companies (LON:MTU) Share Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Montanaro UK Smaller Companies (LON:MTU) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 103.39 and traded as low as GBX 97.40. Montanaro UK Smaller Companies shares last traded at GBX 99.60, with a volume of 171,095 shares changing hands.

Montanaro UK Smaller Companies Price Performance

The company has a quick ratio of 41.12, a current ratio of 0.44 and a debt-to-equity ratio of 10.69. The firm has a market capitalization of £114.36 million, a PE ratio of -17.73 and a beta of 1.23. The stock has a 50-day moving average price of GBX 103.32 and a 200 day moving average price of GBX 100.85.

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.

Almost 30 years later, we manage over £3.5bn (€4bn) on behalf of our clients.