Montanaro UK Smaller Companies (LON:MTU) Stock Passes Below 50-Day Moving Average – Here’s What Happened

Montanaro UK Smaller Companies (LON:MTU)’s share price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 103.24 ($1.29) and traded as low as GBX 102.50 ($1.28). Montanaro UK Smaller Companies shares last traded at GBX 102.50 ($1.28), with a volume of 203,529 shares traded.

Montanaro UK Smaller Companies Trading Up 1.0 %

The firm has a market cap of £173.24 million, a PE ratio of 940.91 and a beta of 0.98. The company’s fifty day moving average price is GBX 103.19 and its two-hundred day moving average price is GBX 105.68. The company has a quick ratio of 41.12, a current ratio of 11.57 and a debt-to-equity ratio of 10.82.

Montanaro UK Smaller Companies (LON:MTU) last issued its earnings results on Friday, December 6th. The company reported GBX 2.20 ($0.03) EPS for the quarter. Montanaro UK Smaller Companies had a net margin of 88.19% and a return on equity of 9.97%.

Montanaro UK Smaller Companies Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, February 7th. Investors of record on Thursday, January 16th will be paid a GBX 1.03 ($0.01) dividend. This represents a yield of 1.04%. The ex-dividend date of this dividend is Thursday, January 16th. Montanaro UK Smaller Companies’s payout ratio is 4,545.45%.

Insider Activity

In related news, insider Arthur Copple acquired 25,000 shares of the company’s stock in a transaction dated Thursday, January 16th. The stock was bought at an average price of GBX 100 ($1.25) per share, with a total value of £25,000 ($31,214.88). Company insiders own 0.21% 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.