Montanaro European Smaller (LON:MTE) Share Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Shares of Montanaro European Smaller (LON:MTEGet Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 140.61 ($1.71) and traded as high as GBX 147.38 ($1.79). Montanaro European Smaller shares last traded at GBX 146.50 ($1.78), with a volume of 288,850 shares trading hands.

Montanaro European Smaller Price Performance

The company has a debt-to-equity ratio of 2.98, a current ratio of 0.70 and a quick ratio of 0.12. The company has a fifty day moving average price of GBX 140.61 and a 200 day moving average price of GBX 142.07. The company has a market capitalization of £277.51 million, a P/E ratio of 1,831.25 and a beta of 1.17.

Montanaro European Smaller Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, January 22nd. Shareholders of record on Thursday, December 19th will be given a GBX 0.30 ($0.00) dividend. This represents a yield of 0.21%. The ex-dividend date is Thursday, December 19th. Montanaro European Smaller’s dividend payout ratio is presently 1,250.00%.

Insider Activity

In other Montanaro European Smaller news, insider Caroline Roxburgh purchased 6,855 shares of the business’s stock in a transaction dated Tuesday, October 22nd. The shares were bought at an average price of GBX 145 ($1.76) per share, with a total value of £9,939.75 ($12,093.62). Corporate insiders own 1.39% of the company’s stock.

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.

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