Montanaro UK Smaller Companies (LON:MTU) Stock Passes Below 50 Day Moving Average – Should You Sell?

Montanaro UK Smaller Companies (LON:MTU) shares passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 103.24 ($1.28) and traded as low as GBX 102.50 ($1.27). Montanaro UK Smaller Companies shares last traded at GBX 102.50 ($1.27), with a volume of 203,529 shares traded.

Montanaro UK Smaller Companies Stock Performance

The stock has a 50-day moving average of GBX 103.24 and a 200 day moving average of GBX 105.70. The firm has a market capitalization of £175.69 million, a P/E ratio of 954.24 and a beta of 0.98. The company has a debt-to-equity ratio of 10.82, a quick ratio of 41.12 and a current ratio of 11.57.

Montanaro UK Smaller Companies (LON:MTU) last announced its earnings results on Friday, December 6th. The company reported GBX 2.20 ($0.03) EPS for the quarter. Montanaro UK Smaller Companies had a return on equity of 9.97% and a net margin of 88.19%.

Montanaro UK Smaller Companies Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, February 7th. Shareholders of record on Thursday, January 16th will be paid a GBX 1.03 ($0.01) dividend. This represents a dividend yield of 1.04%. The ex-dividend date is Thursday, January 16th. Montanaro UK Smaller Companies’s dividend payout ratio is presently 4,545.45%.

Insider Activity

In other news, insider Arthur Copple acquired 25,000 shares of the company’s stock in a transaction on Thursday, January 16th. The stock was purchased at an average cost of GBX 100 ($1.24) per share, with a total value of £25,000 ($30,879.45). 0.21% of the stock is owned by insiders.

Montanaro UK Smaller Companies Company Profile

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.