River and Mercantile UK Micro Cap (LON:RMMC) Shares Pass Below 50 Day Moving Average – Here’s Why

River and Mercantile UK Micro Cap (LON:RMMCGet Free Report)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 173.28 ($2.24) and traded as low as GBX 164 ($2.12). River and Mercantile UK Micro Cap shares last traded at GBX 164 ($2.12), with a volume of 9,137 shares.

River and Mercantile UK Micro Cap Stock Performance

The company has a fifty day simple moving average of GBX 173.28 and a two-hundred day simple moving average of GBX 175.74. The stock has a market capitalization of £55.59 million and a price-to-earnings ratio of -224.66.

About River and Mercantile UK Micro Cap

(Get Free Report)

River & Mercantile UK Micro Cap Investment is a closed-ended investment company. The Company’s investment objective is to achieve long term capital growth from investment in a diversified portfolio of UK micro cap companies, typically comprising companies with a free float market capitalisation of less than £100 million at the time of purchase.

Further Reading

Receive News & Ratings for River and Mercantile UK Micro Cap Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for River and Mercantile UK Micro Cap and related companies with MarketBeat.com's FREE daily email newsletter.