Montanaro UK Smaller Companies (LON:MTU) Shares Pass Below Fifty Day Moving Average – Here’s Why

Montanaro UK Smaller Companies (LON:MTU)’s share price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 101.40 ($1.29) and traded as low as GBX 85.76 ($1.09). Montanaro UK Smaller Companies shares last traded at GBX 87.80 ($1.12), with a volume of 289,109 shares traded.

Montanaro UK Smaller Companies Stock Up 2.3 %

The firm has a market cap of £149.48 million, a PE ratio of 5.69 and a beta of 0.98. The company has a debt-to-equity ratio of 9.83, a current ratio of 0.37 and a quick ratio of 41.12. The business has a fifty day moving average price of GBX 101.40 and a two-hundred day moving average price of GBX 103.25.

Montanaro UK Smaller Companies Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, February 7th. Shareholders of record on Thursday, January 16th were paid a dividend of GBX 1.03 ($0.01) per share. The ex-dividend date of this dividend was Thursday, January 16th. This represents a yield of 1.04%. Montanaro UK Smaller Companies’s dividend payout ratio (DPR) is presently 31.67%.

Insider Activity

In other Montanaro UK Smaller Companies news, insider Yuuichiro Nakajima bought 5,000 shares of the firm’s stock in a transaction on Friday, February 14th. The stock was bought at an average cost of GBX 107 ($1.36) per share, with a total value of £5,350 ($6,810.08). Also, insider Arthur Copple bought 25,000 shares of the stock in a transaction on Thursday, January 16th. The shares were acquired at an average cost of GBX 100 ($1.27) per share, for a total transaction of £25,000 ($31,822.81). 0.21% of the stock is owned by corporate insiders.

About Montanaro UK Smaller Companies

The Trust aims to achieve capital growth by investing in small companies listed on the London Stock Exchange or its Alternative Investment Market (AIM). It seeks relative outperformance of its benchmark, the Numis Smaller Companies Index.

Montanaro Asset Management was founded by Charles Montanaro in 1991 with a vision to bring a different approach to SmallCap investing.

We think of ourselves as an Oasis in the City.