River and Mercantile UK Micro Cap (LON:RMMC) Stock Passes Below Fifty Day Moving Average – Here’s Why

Shares of River and Mercantile UK Micro Cap (LON:RMMCGet Free Report) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 232.90 and traded as low as GBX 230. River and Mercantile UK Micro Cap shares last traded at GBX 230, with a volume of 8,239 shares traded.

River and Mercantile UK Micro Cap Stock Up 4.3%

The business has a fifty day moving average price of GBX 232.90 and a 200-day moving average price of GBX 231.66. The company has a market cap of £77.90 million, a P/E ratio of 6.77 and a beta of 0.89.

River and Mercantile UK Micro Cap Company Profile

(Get Free Report)

River & Mercantile UK Micro Cap Investment is a closed-ended investment company. The Company’s investment objective is to achieve long term capital growth from investment in a diversified portfolio of UK micro cap companies, typically comprising companies with a free float market capitalisation of less than £100 million at the time of purchase.

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