Montanaro European Smaller (LON:MTE) Releases Earnings Results

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

Montanaro European Smaller Stock Up 0.9%

MTE stock opened at GBX 171.75 ($2.31) on Friday. The company has a debt-to-equity ratio of 2.64, a current ratio of 3.68 and a quick ratio of 0.12. The stock has a market capitalization of £326.69 million, a P/E ratio of 6.24 and a beta of 1.17. Montanaro European Smaller has a fifty-two week low of GBX 130.61 ($1.76) and a fifty-two week high of GBX 174 ($2.34). The business has a 50-day moving average of GBX 162.20 and a 200-day moving average of GBX 153.24.

Montanaro European Smaller Company Profile

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.

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