Montanaro European Smaller (LON:MTE) Releases Quarterly Earnings Results

Montanaro European Smaller (LON:MTE) issued its earnings results on Wednesday. The company reported GBX 1.94 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Montanaro European Smaller had a return on equity of 9.88% and a net margin of 20,362.04%.

Montanaro European Smaller Trading Up 0.3%

LON MTE opened at GBX 173.50 on Wednesday. The firm has a market capitalization of £213.89 million, a price-to-earnings ratio of 9.68 and a beta of 1.47. The company has a debt-to-equity ratio of 7.02, a quick ratio of 0.12 and a current ratio of 0.27. Montanaro European Smaller has a one year low of GBX 142 and a one year high of GBX 189. The company’s 50 day moving average price is GBX 178.99 and its 200 day moving average price is GBX 168.66.

About Montanaro European Smaller

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.