River and Mercantile UK Micro Cap (LON:RMMC – Get Free Report) shares shot up 1.1% on Tuesday. The company traded as high as GBX 270 and last traded at GBX 264.96. Approximately 7,563 shares changed hands during mid-day trading, a decline of 88% from the average daily volume of 63,718 shares. The stock had previously closed at GBX 262.
River and Mercantile UK Micro Cap Trading Up 2.3%
The stock has a market capitalization of £85.19 million, a price-to-earnings ratio of 7.50 and a beta of 0.86. The business has a 50 day simple moving average of GBX 247.04 and a 200-day simple moving average of GBX 233.78.
River and Mercantile UK Micro Cap Company Profile
River & Mercantile UK Micro Cap Investment is a closed-ended investment company. The Company’s investment objective is to achieve long term capital growth from investment in a diversified portfolio of UK micro cap companies, typically comprising companies with a free float market capitalisation of less than £100 million at the time of purchase.
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