Montanaro European Smaller (LON:MTE) Stock Price Passes Above 50-Day Moving Average – Should You Sell?

Montanaro European Smaller (LON:MTE) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 140.64 ($1.73) and traded as high as GBX 143.50 ($1.77). Montanaro European Smaller shares last traded at GBX 142 ($1.75), with a volume of 85,287 shares.

Montanaro European Smaller Price Performance

The firm has a market cap of £268.99 million, a price-to-earnings ratio of 1,775.00 and a beta of 1.17. The firm’s 50 day moving average price is GBX 140.64 and its two-hundred day moving average price is GBX 141.90. The company has a debt-to-equity ratio of 2.98, a current ratio of 0.70 and a quick ratio of 0.12.

Montanaro European Smaller Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, January 22nd. Shareholders of record on Thursday, December 19th will be paid a GBX 0.30 ($0.00) dividend. The ex-dividend date of this dividend is Thursday, December 19th. This represents a dividend yield of 0.21%. Montanaro European Smaller’s dividend payout ratio (DPR) is currently 1,250.00%.

Insider Transactions at Montanaro European Smaller

In other news, insider Caroline Roxburgh purchased 6,855 shares of the business’s stock in a transaction that occurred on Tuesday, October 22nd. The stock was purchased at an average cost of GBX 145 ($1.78) per share, with a total value of £9,939.75 ($12,230.53). Company insiders own 1.39% of the company’s stock.

Montanaro European Smaller Company Profile

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.