River and Mercantile UK Micro Cap (LON:RMMC) Trading Down 0.9% – Here’s What Happened

Shares of River and Mercantile UK Micro Cap (LON:RMMC) fell 0.9% during mid-day trading on Monday . The stock traded as low as GBX 226 and last traded at GBX 232. Approximately 33,579 shares traded hands during mid-day trading, a decline of 28% from the average session volume of 46,914 shares. The stock had previously closed at GBX 234.

River and Mercantile UK Micro Cap Stock Performance

The firm has a market cap of £75.30 million, a P/E ratio of 6.54 and a beta of 0.89. The stock has a fifty day simple moving average of GBX 231.93 and a 200 day simple moving average of GBX 231.23.

About River and Mercantile UK Micro Cap

River & Mercantile UK Micro Cap Investment is a closed-ended investment company. The Company’s investment objective is to achieve long term capital growth from investment in a diversified portfolio of UK micro cap companies, typically comprising companies with a free float market capitalisation of less than £100 million at the time of purchase.