Montanaro European Smaller (LON:MTE) Shares Pass Above Fifty Day Moving Average – Time to Sell?

Montanaro European Smaller (LON:MTE)’s share price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 169.34 and traded as high as GBX 170. Montanaro European Smaller shares last traded at GBX 168.53, with a volume of 191,067 shares trading hands.

Montanaro European Smaller Trading Up 1.5%

The company has a quick ratio of 0.12, a current ratio of 3.68 and a debt-to-equity ratio of 2.64. The firm’s fifty day moving average is GBX 169.34 and its two-hundred day moving average is GBX 170.86. The firm has a market cap of £252.30 million, a P/E ratio of 9.60 and a beta of 1.17.

Montanaro European Smaller (LON:MTE) last announced its quarterly earnings results 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%.

Montanaro European Smaller Company Profile

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.