Montanaro UK Smaller Companies (LON:MTU) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

Montanaro UK Smaller Companies (LON:MTUGet Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 96.75 ($1.29) and traded as high as GBX 104.50 ($1.39). Montanaro UK Smaller Companies shares last traded at GBX 103.50 ($1.38), with a volume of 136,329 shares.

Montanaro UK Smaller Companies Trading Up 0.8%

The stock has a market cap of £173.60 million, a PE ratio of 6.61 and a beta of 0.98. The company’s 50-day moving average price is GBX 96.75 and its 200 day moving average price is GBX 101.45. The company has a debt-to-equity ratio of 9.83, a quick ratio of 41.12 and a current ratio of 0.37.

Montanaro UK Smaller Companies Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, June 13th. Shareholders of record on Thursday, May 15th will be given a GBX 4 ($0.05) dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a yield of 3.05%. This is an increase from Montanaro UK Smaller Companies’s previous dividend of $1.03. Montanaro UK Smaller Companies’s payout ratio is currently 31.67%.

Insider Activity

In related news, insider Barbara Powley acquired 13,500 shares of Montanaro UK Smaller Companies stock in a transaction that occurred on Monday, April 14th. The shares were purchased at an average cost of GBX 93 ($1.24) per share, for a total transaction of £12,555 ($16,708.81). Corporate insiders own 0.21% of the company’s stock.

About Montanaro UK Smaller Companies

(Get Free Report)

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.

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