River and Mercantile UK Micro Cap (LON:RMMC) Shares Cross Below 50-Day Moving Average – Here’s What Happened

River and Mercantile UK Micro Cap (LON:RMMCGet Free Report) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 175.51 ($2.21) and traded as low as GBX 173.35 ($2.18). River and Mercantile UK Micro Cap shares last traded at GBX 176 ($2.22), with a volume of 70,405 shares trading hands.

River and Mercantile UK Micro Cap Stock Performance

The firm has a market cap of £59.66 million and a price-to-earnings ratio of -241.10. The company’s fifty day moving average is GBX 175.51 and its two-hundred day moving average is GBX 177.51.

About River and Mercantile UK Micro Cap

(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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