River and Mercantile UK Micro Cap (LON:RMMC) Share Price Passes Below 50 Day Moving Average – Here’s Why

River and Mercantile UK Micro Cap (LON:RMMCGet Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 225.84 and traded as low as GBX 217.60. River and Mercantile UK Micro Cap shares last traded at GBX 221.50, with a volume of 31,991 shares trading hands.

River and Mercantile UK Micro Cap Stock Performance

The business’s fifty day moving average price is GBX 225.84 and its 200-day moving average price is GBX 221.89. The stock has a market cap of £73.09 million, a PE ratio of 4.89 and a beta of 0.94.

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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