Montanaro UK Smaller Companies (LON:MTU) Stock Price Passes Above 50 Day Moving Average of $108.09

Shares of Montanaro UK Smaller Companies (LON:MTU) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 108.09 ($1.37) and traded as high as GBX 109.50 ($1.39). Montanaro UK Smaller Companies shares last traded at GBX 105.50 ($1.33), with a volume of 118,053 shares trading hands.

Montanaro UK Smaller Companies Stock Up 0.9 %

The stock has a market cap of £178.11 million, a PE ratio of 959.09 and a beta of 0.98. The business has a 50 day moving average price of GBX 108.09 and a 200 day moving average price of GBX 103.10. The company has a quick ratio of 41.12, a current ratio of 11.57 and a debt-to-equity ratio of 10.82.

Montanaro UK Smaller Companies Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, May 9th. Shareholders of record on Thursday, April 18th were given a GBX 1.19 ($0.02) dividend. This represents a yield of 1.17%. The ex-dividend date was Thursday, April 18th. This is a positive change from Montanaro UK Smaller Companies’s previous dividend of $1.18. Montanaro UK Smaller Companies’s dividend payout ratio is currently 4,545.45%.

Insider Transactions at Montanaro UK Smaller Companies

In other news, insider Barbara Powley bought 254 shares of the firm’s stock in a transaction that occurred on Friday, May 10th. The stock was purchased at an average cost of GBX 107 ($1.35) per share, for a total transaction of £271.78 ($343.76). Corporate insiders own 0.21% of the company’s stock.

About Montanaro UK Smaller Companies

Montanaro UK Smaller Companies Investment Trust PLC is a closed-ended equity mutual fund launched and managed by Montanaro Investment Managers Ltd. It invests in the public equity markets of the United Kingdom. The fund seeks to invest in stocks of small-cap companies operating across diversified sectors.