Montanaro European Smaller (LON:MTE) Stock Crosses Below 50 Day Moving Average – Time to Sell?

Montanaro European Smaller (LON:MTE) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 169.35 ($2.26) and traded as low as GBX 165.88 ($2.22). Montanaro European Smaller shares last traded at GBX 167.27 ($2.23), with a volume of 381,989 shares trading hands.

Montanaro European Smaller Trading Up 1.0%

The stock has a market cap of £250.72 million, a P/E ratio of -74.78 and a beta of 1.17. The company has a debt-to-equity ratio of 2.64, a current ratio of 3.68 and a quick ratio of 0.12. The business’s 50 day simple moving average is GBX 169.35 and its 200 day simple moving average is GBX 167.96.

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.