Montanaro UK Smaller Companies (LON:MTU) Stock Passes Below Fifty Day Moving Average – Time to Sell?

Montanaro UK Smaller Companies (LON:MTU) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 107.31 and traded as low as GBX 107. Montanaro UK Smaller Companies shares last traded at GBX 107.97, with a volume of 135,233 shares changing hands.

Montanaro UK Smaller Companies Price Performance

The stock has a market cap of £119.52 million, a price-to-earnings ratio of -1,194.44 and a beta of 1.24. The business has a fifty day moving average of GBX 107.35 and a 200 day moving average of GBX 103.78. The company has a debt-to-equity ratio of 8.73, a current ratio of 4.27 and a quick ratio of 41.12.

Montanaro UK Smaller Companies (LON:MTU) last posted its earnings results on Friday, June 26th. The company reported GBX 3.15 earnings per share (EPS) for the quarter. The firm had revenue of GBX 489 million during the quarter. Montanaro UK Smaller Companies had a negative net margin of 9.15% and a negative return on equity of 0.08%.

Insider Buying and Selling at Montanaro UK Smaller Companies

In other Montanaro UK Smaller Companies news, insider Yuuichiro Nakajima purchased 5,000 shares of the business’s stock in a transaction dated Friday, June 26th. The shares were acquired at an average price of GBX 106 per share, for a total transaction of £5,300. Corporate insiders own 0.49% of the company’s stock.

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.