River and Mercantile UK Micro Cap (LON:RMMC) Share Price Crosses Below 50 Day Moving Average – Time to Sell?

River and Mercantile UK Micro Cap (LON:RMMCGet Free Report) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 177.05 ($2.20) and traded as low as GBX 173.60 ($2.16). River and Mercantile UK Micro Cap shares last traded at GBX 173.60 ($2.16), with a volume of 47,134 shares trading hands.

River and Mercantile UK Micro Cap Stock Performance

The company has a market capitalization of £58.85 million and a price-to-earnings ratio of -237.81. The company’s fifty day simple moving average is GBX 177.05 and its two-hundred day simple moving average is GBX 178.19.

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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