Montanaro UK Smaller Companies (LON:MTU) Share Price Passes Below Fifty Day Moving Average – Here’s What Happened

Montanaro UK Smaller Companies (LON:MTU) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 107.14 and traded as low as GBX 105.77. Montanaro UK Smaller Companies shares last traded at GBX 108, with a volume of 233,740 shares.

Montanaro UK Smaller Companies Price Performance

The company has a debt-to-equity ratio of 8.73, a quick ratio of 41.12 and a current ratio of 4.27. The company has a market cap of £120.08 million, a price-to-earnings ratio of -1,200.00 and a beta of 1.24. The company has a 50-day simple moving average of GBX 107.14 and a 200-day simple moving average of GBX 103.49.

Montanaro UK Smaller Companies (LON:MTU) last announced its quarterly earnings data on Friday, June 26th. The company reported GBX 3.15 earnings per share (EPS) for the quarter. The company had revenue of GBX 489 million for the quarter. Montanaro UK Smaller Companies had a net margin of 122.76% and a negative return on equity of 9.39%.

Insider Activity

In other Montanaro UK Smaller Companies news, insider Yuuichiro Nakajima acquired 5,000 shares of Montanaro UK Smaller Companies stock in a transaction that occurred on Friday, June 26th. The stock was purchased at an average cost of GBX 106 per share, with a total value of £5,300. 0.49% of the stock is owned by insiders.

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.