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

Key Points

• Montanaro European Smaller's stock price has crossed above its fifty-day moving average of GBX 174.96, reaching a high of GBX 178.50 during trading.
• The company reported earnings per share (EPS) of GBX 1.50 ($0.02) for the last quarter, with a **return on equity** of 16.87% and a **net margin** of 92.90%.
• Montanaro European Smaller aims for **capital growth** by investing in small European companies, targeting performance that exceeds its benchmark, the MSCI Europe SmallCap (ex-UK) Index.

Shares of Montanaro European Smaller (LON:MTE - Get Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 174.96 ($2.33) and traded as high as GBX 178.50 ($2.37). Montanaro European Smaller shares last traded at GBX 175 ($2.33), with a volume of 322,794 shares traded.

Montanaro European Smaller Trading Up 0.3%

The stock has a 50 day moving average of GBX 175.19 and a 200 day moving average of GBX 161.65. The firm has a market cap of £333.82 million, a P/E ratio of 6.38 and a beta of 1.17. The company has a debt-to-equity ratio of 2.64, a current ratio of 3.68 and a quick ratio of 0.12.

Montanaro European Smaller (LON:MTE - Get Free Report) last posted its earnings results on Friday, June 20th. The company reported GBX 1.50 ($0.02) earnings per share for the quarter. Montanaro European Smaller had a net margin of 92.90% and a return on equity of 16.87%.

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.