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

River and Mercantile UK Micro Cap (LON:RMMCGet Free Report)’s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 170.48 ($2.20) and traded as low as GBX 164.42 ($2.12). River and Mercantile UK Micro Cap shares last traded at GBX 164.42 ($2.12), with a volume of 13,647 shares.

River and Mercantile UK Micro Cap Trading Down 2.1 %

The company has a market capitalization of £55.59 million and a P/E ratio of -224.66. The stock has a 50 day moving average price of GBX 170.28 and a 200 day moving average price of GBX 174.

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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