River and Mercantile UK Micro Cap (LON:RMMC) Stock Passes Below 50 Day Moving Average – Here’s Why

Shares of River and Mercantile UK Micro Cap (LON:RMMCGet Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 204.05 and traded as low as GBX 204.05. River and Mercantile UK Micro Cap shares last traded at GBX 204.08, with a volume of 34,714 shares trading hands.

River and Mercantile UK Micro Cap Stock Up 0.1%

The business’s 50 day simple moving average is GBX 204.05 and its 200 day simple moving average is GBX 193.72. The stock has a market cap of £69.35 million and a price-to-earnings ratio of 7.83.

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.

Read More

Receive News & Ratings for River and Mercantile UK Micro Cap Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for River and Mercantile UK Micro Cap and related companies with MarketBeat.com's FREE daily email newsletter.