Montanaro UK Smaller Companies (LON:MTU) Stock Crosses Above Fifty Day Moving Average – What’s Next?

Montanaro UK Smaller Companies (LON:MTUGet Free Report)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 107.55 and traded as high as GBX 109.28. Montanaro UK Smaller Companies shares last traded at GBX 107.50, with a volume of 276,467 shares trading hands.

Montanaro UK Smaller Companies Stock Up 0.2%

The firm has a 50 day simple moving average of GBX 107.55 and a two-hundred day simple moving average of GBX 104.03. The stock has a market capitalization of £119.52 million, a P/E ratio of -1,194.44 and a beta of 1.24. The company has a quick ratio of 41.12, a current ratio of 4.27 and a debt-to-equity ratio of 8.73.

Montanaro UK Smaller Companies (LON:MTUGet Free Report) last issued its quarterly earnings results on Friday, June 26th. The company reported GBX 3.15 earnings per share (EPS) for the quarter. The company had revenue of GBX 489 million for the quarter. Montanaro UK Smaller Companies had a negative return on equity of 0.08% and a negative net margin of 9.15%.

Insider Activity

In other news, insider Yuuichiro Nakajima purchased 5,000 shares of the company’s stock in a transaction dated Friday, June 26th. The stock was bought at an average cost of GBX 106 per share, for a total transaction of £5,300. Company insiders own 0.49% of the company’s stock.

About Montanaro UK Smaller Companies

(Get Free Report)

The Trust aims to achieve capital growth by investing in small companies listed on the London Stock Exchange or its Alternative Investment Market (AIM). It seeks relative outperformance of its benchmark, the Numis Smaller Companies 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.

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