River and Mercantile UK Micro Cap (LON:RMMC) Trading Down 2.4% – Should You Sell?

River and Mercantile UK Micro Cap (LON:RMMC) dropped 2.4% during trading on Thursday . The stock traded as low as GBX 179.50 ($2.26) and last traded at GBX 179.50 ($2.26). Approximately 43,930 shares changed hands during trading, an increase of 6% from the average daily volume of 41,520 shares. The stock had previously closed at GBX 184 ($2.32).

River and Mercantile UK Micro Cap Stock Down 2.4 %

The company has a market capitalization of £60.85 million and a P/E ratio of -245.89. The company’s 50-day moving average is GBX 175.39 and its two-hundred day moving average is GBX 179.

River and Mercantile UK Micro Cap Company Profile

River and Mercantile UK Micro Cap Investment Company Limited is a closed-ended equity mutual fund launched by Carne Global AIFM Solutions. The fund is managed by River and Mercantile Asset Management LLP. It invests in the public equity markets of the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.