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

Key Points

• The stock price of Montanaro European Smaller (LON:MTE) dropped below its fifty-day moving average of GBX 173.14, trading as low as GBX 168 on Friday.
• The company has a market capitalization of £255.83 million and a significant debt-to-equity ratio of 2.64.
• Montanaro European Smaller aims for capital growth by investing in small European quoted companies, targeting returns exceeding the MSCI Europe SmallCap (ex-UK) Index.

Montanaro European Smaller (LON:MTE - )'s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 173.14 ($2.32) and traded as low as GBX 168 ($2.25). Montanaro European Smaller shares last traded at GBX 168.50 ($2.26), with a volume of 252,906 shares traded.

Montanaro European Smaller Stock Down 0.9%

The firm's 50-day moving average price is GBX 173.14 and its 200-day moving average price is GBX 166.09. The company has a market cap of £255.83 million, a price-to-earnings ratio of -7,488.89 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 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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