River and Mercantile UK Micro Cap (LON:RMMC) Shares Climb 1.1% – Here’s Why

River and Mercantile UK Micro Cap (LON:RMMC)’s stock price traded up 1.1% during mid-day trading on Tuesday. The stock traded as high as GBX 270 and last traded at GBX 264.96. Approximately 7,563 shares changed hands during trading, a decline of 88% from the average session volume of 63,718 shares. The stock had previously closed at GBX 262.

River and Mercantile UK Micro Cap Stock Up 1.1%

The business has a 50-day moving average of GBX 246.56 and a 200-day moving average of GBX 233.52. The stock has a market cap of £85.43 million, a price-to-earnings ratio of 7.47 and a beta of 0.86.

River and Mercantile UK Micro Cap Company Profile

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.