Montanaro European Smaller (LON:MTE) Share Price Crosses Below Fifty Day Moving Average – What’s Next?

Montanaro European Smaller (LON:MTEGet Free Report)’s share price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 143.08 ($1.87) and traded as low as GBX 142.52 ($1.86). Montanaro European Smaller shares last traded at GBX 144 ($1.88), with a volume of 310,093 shares traded.

Montanaro European Smaller Stock Performance

The firm has a market cap of £270.71 million, a PE ratio of 1,800.00 and a beta of 1.17. The company has a quick ratio of 0.12, a current ratio of 0.70 and a debt-to-equity ratio of 2.98. The company has a 50-day simple moving average of GBX 143.08 and a two-hundred day simple moving average of GBX 141.44.

About Montanaro European Smaller

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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.

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