Montanaro European Smaller (LON:MTE) Shares Down 1.1% – Should You Sell?

Montanaro European Smaller (LON:MTE) shares fell 1.1% during trading on Tuesday . The company traded as low as GBX 140.50 ($1.80) and last traded at GBX 140.50 ($1.80). 1,172,179 shares traded hands during trading, an increase of 287% from the average session volume of 302,653 shares. The stock had previously closed at GBX 142 ($1.81).

Montanaro European Smaller Stock Down 1.1 %

The firm’s 50-day simple moving average is GBX 142.27 and its 200 day simple moving average is GBX 142.18. The company has a debt-to-equity ratio of 2.98, a quick ratio of 0.12 and a current ratio of 0.70. The company has a market cap of £266.15 million, a P/E ratio of 1,756.25 and a beta of 1.17.

Insider Activity at Montanaro European Smaller

In other news, insider Caroline Roxburgh acquired 6,855 shares of Montanaro European Smaller stock in a transaction that occurred on Tuesday, October 22nd. The shares were acquired at an average price of GBX 145 ($1.85) per share, with a total value of £9,939.75 ($12,699.31). 1.39% of the stock is currently owned by corporate insiders.

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.