Montanaro European Smaller (LON:MTE) Stock Passes Below 50 Day Moving Average – Here’s What Happened

Shares of Montanaro European Smaller (LON:MTE) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 143.49 ($1.86) and traded as low as GBX 143.30 ($1.86). Montanaro European Smaller shares last traded at GBX 144.50 ($1.88), with a volume of 258,441 shares.

Montanaro European Smaller Trading Up 0.2 %

The company has a market cap of £275.24 million, a PE ratio of 1,826.25 and a beta of 1.17. The company has a current ratio of 0.70, a quick ratio of 0.12 and a debt-to-equity ratio of 2.98. The firm has a fifty day moving average of GBX 143.52 and a two-hundred day moving average of GBX 141.60.

Insider Transactions at Montanaro European Smaller

In other Montanaro European Smaller news, insider Caroline Roxburgh purchased 6,855 shares of the company’s stock in a transaction that occurred on Tuesday, October 22nd. The shares were bought at an average cost of GBX 145 ($1.88) per share, for a total transaction of £9,939.75 ($12,905.41). Corporate insiders own 1.39% of the company’s stock.

Montanaro European Smaller Company Profile

Montanaro European Smaller Companies Trust plc is an open ended equity mutual fund launched and managed by Montanaro Investment Managers Ltd. It invests in public equity markets of Europe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in growth stocks of small-cap companies listed on London Stock Exchange.