River and Mercantile UK Micro Cap (LON:RMMC) Stock Price Crosses Below 50-Day Moving Average – Here’s Why

River and Mercantile UK Micro Cap (LON:RMMCGet Free Report)’s stock price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 232.90 and traded as low as GBX 230. River and Mercantile UK Micro Cap shares last traded at GBX 230, with a volume of 8,239 shares traded.

River and Mercantile UK Micro Cap Stock Performance

The company has a market capitalization of £75.30 million, a PE ratio of 6.54 and a beta of 0.89. The company’s 50-day simple moving average is GBX 233.22 and its 200-day simple moving average is GBX 231.76.

River and Mercantile UK Micro Cap Company Profile

(Get Free Report)

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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