River and Mercantile UK Micro Cap (LON:RMMC) Shares Pass Below 50-Day Moving Average – Here’s What Happened

River and Mercantile UK Micro Cap (LON:RMMCGet Free Report)’s share price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 175.99 ($2.20) and traded as low as GBX 173.35 ($2.17). River and Mercantile UK Micro Cap shares last traded at GBX 173.35 ($2.17), with a volume of 5,143 shares.

River and Mercantile UK Micro Cap Stock Performance

The business has a 50 day simple moving average of GBX 175.99 and a two-hundred day simple moving average of GBX 177.96. The firm has a market capitalization of £58.77 million and a P/E ratio of -237.47.

River and Mercantile UK Micro Cap Company Profile

(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.

Further Reading

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