Montanaro European Smaller (LON:MTE) Stock Price Crosses Below 50-Day Moving Average - Should You Sell?

Key Points

• Montanaro European Smaller's stock price has crossed below its 50-day moving average of GBX 175.94, trading as low as GBX 166.50 during recent sessions.
• The company holds a debt-to-equity ratio of 2.64 and a market cap of £254.07 million, indicating significant financial leverage.
• In its latest earnings report, Montanaro European Smaller reported an EPS of GBX 1.50 with a commendable net margin of 92.90% and a return on equity of 16.87%.

Montanaro European Smaller (LON:MTE - Get Free Report) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 175.94 ($2.39) and traded as low as GBX 166.50 ($2.26). Montanaro European Smaller shares last traded at GBX 168 ($2.28), with a volume of 325,583 shares.

Montanaro European Smaller Price Performance

The business has a 50 day moving average price of GBX 175.21 and a two-hundred day moving average price of GBX 165.04. The stock has a market cap of £254.22 million, a PE ratio of -7,441.73 and a beta of 1.17. The company has a debt-to-equity ratio of 2.64, a quick ratio of 0.12 and a current ratio of 3.68.

Montanaro European Smaller (LON:MTE - Get Free Report) last posted its quarterly earnings results on Friday, June 20th. The company reported GBX 1.50 EPS for the quarter. Montanaro European Smaller had a net margin of 92.90% and a return on equity of 16.87%.

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.