Montanaro European Smaller (LON:MTE) Stock Crosses Above Fifty Day Moving Average – Should You Sell?

Shares of Montanaro European Smaller (LON:MTE) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 166.50 and traded as high as GBX 168. Montanaro European Smaller shares last traded at GBX 167, with a volume of 101,013 shares changing hands.

Montanaro European Smaller Stock Up 0.3%

The firm’s 50-day simple moving average is GBX 166.50 and its 200 day simple moving average is GBX 169.93. The company has a debt-to-equity ratio of 2.64, a quick ratio of 0.12 and a current ratio of 3.68. The company has a market cap of £223.19 million, a P/E ratio of 9.32 and a beta of 1.17.

Montanaro European Smaller (LON:MTE) last announced its quarterly earnings data on Friday, October 31st. The company reported GBX 1.80 earnings per share (EPS) for the quarter. Montanaro European Smaller had a net margin of 92.90% and a return on equity of 16.87%.

About Montanaro European Smaller

The trust aims to achieve capital growth by investing in small European quoted companies. It seeks to achieve capital growth in excess of its benchmark, the MSCI Europe SmallCap (ex-UK) 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. We ignore market noise and focus on identifying the highest quality businesses that we can own for the long-term.

Almost 30 years later, we manage over £3.5bn (€4bn) on behalf of our clients.