River and Mercantile UK Micro Cap (LON:RMMC) Shares Cross Above 50 Day Moving Average – What’s Next?

River and Mercantile UK Micro Cap (LON:RMMCGet Free Report)’s stock price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 230.04 and traded as high as GBX 234.30. River and Mercantile UK Micro Cap shares last traded at GBX 228.88, with a volume of 3,559 shares.

River and Mercantile UK Micro Cap Price Performance

The business has a fifty day simple moving average of GBX 230.04 and a 200 day simple moving average of GBX 229.29. The firm has a market cap of £74.40 million, a price-to-earnings ratio of 5.06 and a beta of 0.89.

About River and Mercantile UK Micro Cap

(Get Free Report)

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.

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