Montanaro European Smaller (LON:MTE) Stock Price Crosses Above Fifty Day Moving Average of $141.15

Shares of Montanaro European Smaller (LON:MTE) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 141.15 ($1.83) and traded as high as GBX 145 ($1.88). Montanaro European Smaller shares last traded at GBX 144.50 ($1.88), with a volume of 230,208 shares.

Montanaro European Smaller Price Performance

The company’s 50-day moving average is GBX 141.15 and its 200-day moving average is GBX 139.84. The firm has a market capitalization of £268.90 million, a price-to-earnings ratio of 794.04 and a beta of 1.17. The company has a debt-to-equity ratio of 3.27, a current ratio of 3.24 and a quick ratio of 0.12.

Montanaro European Smaller Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, September 16th. Shareholders of record on Thursday, August 15th will be issued a GBX 0.90 ($0.01) dividend. This represents a dividend yield of 0.64%. The ex-dividend date of this dividend is Thursday, August 15th. This is a positive change from Montanaro European Smaller’s previous dividend of $0.23. Montanaro European Smaller’s dividend payout ratio (DPR) is 555.56%.

About Montanaro European Smaller

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.