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

Montanaro UK Smaller Companies (LON:MTU)’s stock price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 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 trading hands.

Montanaro UK Smaller Companies Stock Performance

The business’s 50 day simple moving average is GBX 103.39 and its two-hundred day simple moving average is GBX 100.87. The stock has a market cap of £115.99 million, a P/E ratio of -17.98 and a beta of 1.23. The company has a quick ratio of 41.12, a current ratio of 0.44 and a debt-to-equity ratio of 10.69.

About Montanaro UK Smaller Companies

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.