Montanaro European Smaller (LON:MTE) Shares Cross Below 50-Day Moving Average of $138.54

Montanaro European Smaller (LON:MTE)’s stock price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 138.54 ($1.71) and traded as low as GBX 133.72 ($1.65). Montanaro European Smaller shares last traded at GBX 136 ($1.68), with a volume of 395,942 shares changing hands.

Montanaro European Smaller Stock Down 0.1 %

The firm has a 50 day simple moving average of GBX 138.54 and a two-hundred day simple moving average of GBX 129.08. The company has a debt-to-equity ratio of 3.27, a current ratio of 3.24 and a quick ratio of 0.12. The stock has a market cap of £257.41 million, a price-to-earnings ratio of 754.91 and a beta of 1.18.

Montanaro European Smaller Company Profile

Montanaro European Smaller Companies Trust plc is an open ended equity mutual fund launched and managed by Montanaro Investment Managers Ltd. It invests in public equity markets of Europe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in growth stocks of small-cap companies listed on London Stock Exchange.