Montanaro UK Smaller Companies (LON:MTU) Stock Crosses Above 50 Day Moving Average – Here’s What Happened

Montanaro UK Smaller Companies (LON:MTU)’s share price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 101.93 and traded as high as GBX 106.50. Montanaro UK Smaller Companies shares last traded at GBX 105.83, with a volume of 364,294 shares trading hands.

Montanaro UK Smaller Companies Stock Performance

The company has a quick ratio of 41.12, a current ratio of 0.37 and a debt-to-equity ratio of 9.83. The firm has a 50-day moving average price of GBX 101.93 and a 200 day moving average price of GBX 100.32. The firm has a market capitalization of £122.28 million, a PE ratio of -18.95 and a beta of 0.98.

Montanaro UK Smaller Companies (LON:MTU) last posted its quarterly earnings results on Friday, November 21st. The company reported GBX 2.20 EPS for the quarter. Montanaro UK Smaller Companies had a net margin of 91.45% and a return on equity of 13.16%.

Montanaro UK Smaller Companies Company Profile

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.