Montanaro European Smaller (LON:MTE) Stock Passes Below 50-Day Moving Average – Should You Sell?

Montanaro European Smaller (LON:MTEGet Free Report) shares passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 166.14 and traded as low as GBX 163.91. Montanaro European Smaller shares last traded at GBX 166, with a volume of 180,049 shares trading hands.

Montanaro European Smaller Trading Up 0.1%

The stock has a fifty day moving average of GBX 166.14 and a 200-day moving average of GBX 168.35. The company has a debt-to-equity ratio of 2.64, a quick ratio of 0.12 and a current ratio of 3.68. The company has a market cap of £218.99 million, a PE ratio of 9.27 and a beta of 1.17.

Montanaro European Smaller Company Profile

(Get Free Report)

The trust aims to achieve capital growth by investing in small European quoted companies. It seeks to achieve capital growth in excess of its benchmark, the MSCI Europe SmallCap (ex-UK) 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.

Further Reading

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