Montanaro European Smaller (LON:MTE) Insider Buys £783.20 in Stock

Montanaro European Smaller (LON:MTEGet Free Report) insider Gordon Neilly purchased 440 shares of the company’s stock in a transaction that occurred on Wednesday, September 2nd. The shares were purchased at an average cost of GBX 178 per share, with a total value of £783.20.

Montanaro European Smaller Stock Performance

LON MTE opened at GBX 179.50 on Friday. The company has a debt-to-equity ratio of 7.54, a current ratio of 4.67 and a quick ratio of 0.12. Montanaro European Smaller has a 1-year low of GBX 142 and a 1-year high of GBX 189. The business has a 50 day simple moving average of GBX 175.90 and a two-hundred day simple moving average of GBX 170.87. The stock has a market capitalization of £208.10 million, a PE ratio of 39.89 and a beta of 1.43.

Montanaro European Smaller (LON:MTEGet Free Report) last posted its earnings results on Wednesday, July 22nd. The company reported GBX 1.94 EPS for the quarter. Montanaro European Smaller had a return on equity of 2.78% and a net margin of 73.86%.

Montanaro European Smaller Company Profile

(Get Free Report)

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. 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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