Montanaro UK Smaller Companies (LON:MTU) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

Shares of Montanaro UK Smaller Companies (LON:MTU) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 100.45 and traded as high as GBX 107. Montanaro UK Smaller Companies shares last traded at GBX 105.76, with a volume of 127,975 shares trading hands.

Montanaro UK Smaller Companies Trading Down 0.8%

The company has a market cap of £118.89 million, a price-to-earnings ratio of -18.98 and a beta of 1.23. The firm has a 50 day moving average price of GBX 100.45 and a two-hundred day moving average price of GBX 101.41. The company has a quick ratio of 41.12, a current ratio of 0.44 and a debt-to-equity ratio of 10.69.

About Montanaro UK Smaller Companies

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.