River and Mercantile UK Micro Cap (LON:RMMC) Stock Jumps 1.1% – Here’s Why

River and Mercantile UK Micro Cap (LON:RMMC – Get Free Report) rose 1.1% during mid-day trading on Tuesday. The company traded as high as GBX 270 and last traded at GBX 264.96. 7,563 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 63,718 shares. The stock had previously closed at GBX 262.

River and Mercantile UK Micro Cap Stock Up 1.1%

The company has a market capitalization of £85.43 million, a P/E ratio of 7.47 and a beta of 0.86. The company’s 50-day simple moving average is GBX 246.56 and its 200 day simple moving average is GBX 233.52.

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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