Montanaro European Smaller (LON:MTE) Shares Down 1.1% – Time to Sell?

Montanaro European Smaller (LON:MTE) shares fell 1.1% during trading on Tuesday . The stock traded as low as GBX 140.50 ($1.80) and last traded at GBX 140.50 ($1.80). 1,172,179 shares changed hands during mid-day trading, an increase of 287% from the average session volume of 302,653 shares. The stock had previously closed at GBX 142 ($1.81).

Montanaro European Smaller Stock Performance

The stock’s 50 day moving average is GBX 142.27 and its two-hundred day moving average is GBX 142.18. The stock has a market capitalization of £266.15 million, a price-to-earnings ratio of 1,756.25 and a beta of 1.17. The company has a current ratio of 0.70, a quick ratio of 0.12 and a debt-to-equity ratio of 2.98.

Insider Activity at Montanaro European Smaller

In other Montanaro European Smaller news, insider Caroline Roxburgh bought 6,855 shares of Montanaro European Smaller stock in a transaction that occurred on Tuesday, October 22nd. The stock was acquired at an average price of GBX 145 ($1.85) per share, for a total transaction of £9,939.75 ($12,699.31). 1.39% of the stock is owned by insiders.

About Montanaro European Smaller

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.