Montanaro European Smaller (LON:MTE) Stock Crosses Below Fifty 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%.

Shares of Montanaro European Smaller (LON:MTE - Get Free Report) passed below its fifty day moving average during trading on Monday . The stock has a fifty 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 stock's 50-day moving average price is GBX 175.42 and its 200-day moving average price is GBX 164.80. The company has a market capitalization of £254.22 million, a price-to-earnings ratio of -7,441.73 and a beta of 1.17. The company has a quick ratio of 0.12, a current ratio of 3.68 and a debt-to-equity ratio of 2.64.

Montanaro European Smaller (LON:MTE - Get Free Report) last announced its earnings results on Friday, June 20th. The company reported GBX 1.50 earnings per share (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.