Montanaro European Smaller (LON:MTE) Share Price Passes Above 50 Day Moving Average – Time to Sell?

Montanaro European Smaller (LON:MTE)’s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 149.08 ($1.87) and traded as high as GBX 153.50 ($1.93). Montanaro European Smaller shares last traded at GBX 151.50 ($1.91), with a volume of 209,514 shares.

Montanaro European Smaller Trading Down 1.0 %

The stock’s fifty day simple moving average is GBX 149.32 and its two-hundred day simple moving average is GBX 144.85. The firm has a market cap of £288.17 million, a PE ratio of 5.51 and a beta of 1.17. The company has a quick ratio of 0.12, a current ratio of 3.68 and a debt-to-equity ratio of 2.64.

Montanaro European Smaller (LON:MTE) last posted its quarterly earnings data on Thursday, December 12th. The company reported GBX 1.56 ($0.02) earnings per share for the quarter. Montanaro European Smaller had a return on equity of 16.87% and a net margin of 92.90%.

Montanaro European Smaller Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, January 22nd. Investors of record on Thursday, December 19th were paid a GBX 0.30 ($0.00) dividend. This represents a yield of 0.21%. The ex-dividend date was Thursday, December 19th. Montanaro European Smaller’s payout ratio is 3.63%.

About Montanaro European Smaller

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.