Montanaro European Smaller (LON:MTE) Shares Cross Below 50-Day Moving Average of $138.54

Montanaro European Smaller (LON:MTE) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 138.54 ($1.71) and traded as low as GBX 133.72 ($1.65). Montanaro European Smaller shares last traded at GBX 136 ($1.68), with a volume of 395,942 shares.

Montanaro European Smaller Price Performance

The stock has a market capitalization of £257.41 million, a price-to-earnings ratio of 754.91 and a beta of 1.18. The company has a current ratio of 3.24, a quick ratio of 0.12 and a debt-to-equity ratio of 3.27. The stock has a 50-day simple moving average of GBX 138.54 and a 200 day simple moving average of GBX 129.08.

About Montanaro European Smaller

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.