Montanaro European Smaller (LON:MTE) Share Price Crosses Above 50-Day Moving Average – Time to Sell?

Shares of Montanaro European Smaller (LON:MTE) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 166.50 and traded as high as GBX 168. Montanaro European Smaller shares last traded at GBX 167, with a volume of 101,013 shares changing hands.

Montanaro European Smaller Price Performance

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 £223.19 million, a price-to-earnings ratio of 9.32 and a beta of 1.17. The business has a fifty day moving average price of GBX 166.50 and a 200 day moving average price of GBX 169.93.

Montanaro European Smaller (LON:MTE) last posted its earnings results on Friday, October 31st. The company reported GBX 1.80 EPS for the quarter. Montanaro European Smaller had a net margin of 92.90% and a return on equity of 16.87%.

Montanaro European Smaller Company Profile

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.