Montanaro UK Smaller Companies (LON:MTU) Share Price Breaks Above 50 Day Moving Average – Time to Sell?

by · The Cerbat Gem

Montanaro UK Smaller Companies (LON:MTU – Get Free Report) crossed above its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of GBX 111.15 and traded as high as GBX 112.50. Montanaro UK Smaller Companies shares last traded at GBX 111.85, with a volume of 76,969 shares traded.

Montanaro UK Smaller Companies Price Performance

The firm has a market cap of £122.85 million, a P/E ratio of -1,233.33 and a beta of 1.20. The company has a debt-to-equity ratio of 8.73, a current ratio of 4.27 and a quick ratio of 41.12. The stock’s 50-day simple moving average is GBX 111.16 and its two-hundred day simple moving average is GBX 106.29.

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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