Montanaro European Smaller (LON:MTE) Stock Price Passes Above Fifty Day Moving Average – What’s Next?

Montanaro European Smaller (LON:MTEGet Free Report) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 140.64 ($1.72) and traded as high as GBX 143.50 ($1.75). Montanaro European Smaller shares last traded at GBX 142 ($1.73), with a volume of 85,287 shares changing hands.

Montanaro European Smaller Stock Up 0.7 %

The company has a quick ratio of 0.12, a current ratio of 0.70 and a debt-to-equity ratio of 2.98. The company has a market capitalization of £270.88 million, a PE ratio of 1,787.50 and a beta of 1.17. The stock has a 50-day moving average of GBX 140.57 and a 200 day moving average of GBX 141.91.

Montanaro European Smaller Cuts Dividend

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

Insider Buying and Selling at Montanaro European Smaller

In other news, insider Caroline Roxburgh acquired 6,855 shares of Montanaro European Smaller stock in a transaction on Tuesday, October 22nd. The stock was acquired at an average cost of GBX 145 ($1.77) per share, with a total value of £9,939.75 ($12,136.45). 1.39% of the stock is owned by corporate insiders.

About Montanaro European Smaller

(Get Free Report)

Montanaro European Smaller Companies Trust plc is an open ended equity mutual fund launched and managed by Montanaro Investment Managers Ltd. It invests in public equity markets of Europe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in growth stocks of small-cap companies listed on London Stock Exchange.

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