Montanaro UK Smaller Companies (LON:MTU) Share Price Crosses Above 50-Day Moving Average – Here’s What Happened

Montanaro UK Smaller Companies (LON:MTU)’s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 107.55 and traded as high as GBX 109.28. Montanaro UK Smaller Companies shares last traded at GBX 107.50, with a volume of 276,467 shares traded.

Montanaro UK Smaller Companies Stock Up 0.2%

The company has a market cap of £119.52 million, a price-to-earnings ratio of -1,194.44 and a beta of 1.24. The company has a debt-to-equity ratio of 8.73, a quick ratio of 41.12 and a current ratio of 4.27. The stock’s fifty day moving average is GBX 107.55 and its two-hundred day moving average is GBX 104.03.

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

Insider Buying and Selling at Montanaro UK Smaller Companies

In related news, insider Yuuichiro Nakajima bought 5,000 shares of the company’s stock in a transaction dated Friday, June 26th. The shares were bought at an average price of GBX 106 per share, for a total transaction of £5,300. 0.49% of the stock is owned by corporate insiders.

About Montanaro UK Smaller Companies

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.