Montanaro European Smaller (LON:MTE) Shares Pass Above 50-Day Moving Average – Time to Sell?

Shares of Montanaro European Smaller (LON:MTEGet Free Report) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 152.54 ($1.98) and traded as high as GBX 159.24 ($2.06). Montanaro European Smaller shares last traded at GBX 157.50 ($2.04), with a volume of 1,276,265 shares.

Montanaro European Smaller Trading Down 0.6 %

The stock has a market capitalization of £295.78 million, a PE ratio of 5.65 and a beta of 1.17. The company has a current ratio of 3.68, a quick ratio of 0.12 and a debt-to-equity ratio of 2.64. The stock has a 50 day moving average price of GBX 153.11 and a 200-day moving average price of GBX 145.92.

Montanaro European Smaller Company Profile

(Get Free Report)

The trust aims to achieve capital growth by investing in small European quoted companies. It seeks to achieve capital growth in excess of its benchmark, the MSCI Europe SmallCap (ex-UK) 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.

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