Montanaro European Smaller (LON:MTE) Releases Quarterly Earnings Results

Montanaro European Smaller (LON:MTE - Get Free Report) released its quarterly earnings data on Friday. The company reported GBX 1.50 ($0.02) earnings per share for the quarter, Digital Look Earnings reports. Montanaro European Smaller had a return on equity of 16.87% and a net margin of 92.90%.

Montanaro European Smaller Trading Down 0.6%

LON:MTE traded down GBX 1.04 ($0.01) on Monday, reaching GBX 170.03 ($2.30). The company's stock had a trading volume of 447,449 shares, compared to its average volume of 543,408. Montanaro European Smaller has a 12-month low of GBX 130.61 ($1.77) and a 12-month high of GBX 174 ($2.36). The company has a quick ratio of 0.12, a current ratio of 3.68 and a debt-to-equity ratio of 2.64. The firm has a market cap of £323.42 million, a price-to-earnings ratio of 6.18 and a beta of 1.17. The stock has a 50 day moving average price of GBX 163.12 and a 200 day moving average price of GBX 153.81.

About Montanaro European Smaller

The trust aims to achieve capital growth by investing in small European quoted companies. It seeks to achieve capital growth in excess of its benchmark, the MSCI Europe SmallCap (ex-UK) Index. Montanaro Asset Management was founded by Charles Montanaro in 1991 with a vision to bring a different approach to SmallCap investing. We think of ourselves as an Oasis in the City.