Montanaro UK Smaller Companies (LON:MTU) Announces Quarterly Earnings Results

Montanaro UK Smaller Companies (LON:MTU - Get Free Report) issued its earnings results on Wednesday. The company reported GBX 3.28 ($0.04) earnings per share for the quarter, Digital Look Earnings reports. Montanaro UK Smaller Companies had a return on equity of 13.16% and a net margin of 91.45%.

Montanaro UK Smaller Companies Stock Performance

Shares of MTU traded up GBX 1.50 ($0.02) during trading hours on Friday, reaching GBX 103.50 ($1.39). 769,064 shares of the company's stock traded hands, compared to its average volume of 483,507. The firm has a market capitalization of £172.17 million, a price-to-earnings ratio of 6.56 and a beta of 0.98. The company has a debt-to-equity ratio of 9.83, a current ratio of 0.37 and a quick ratio of 41.12. Montanaro UK Smaller Companies has a twelve month low of GBX 85.76 ($1.15) and a twelve month high of GBX 113.50 ($1.53). The business's fifty day simple moving average is GBX 100.68 and its two-hundred day simple moving average is GBX 101.28.

Montanaro UK Smaller Companies Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, June 13th. Stockholders of record on Thursday, May 15th were issued a dividend of GBX 4 ($0.05) per share. This represents a dividend yield of 3.05%. This is a positive change from Montanaro UK Smaller Companies's previous dividend of $1.03. The ex-dividend date was Thursday, May 15th. Montanaro UK Smaller Companies's dividend payout ratio (DPR) is 31.67%.

Insider Activity

In other news, insider Barbara Powley bought 13,500 shares of the firm's stock in a transaction that occurred on Monday, April 14th. The stock was acquired at an average price of GBX 93 ($1.25) per share, with a total value of £12,555 ($16,884.08). Corporate insiders own 0.21% of the company's stock.

Montanaro UK Smaller Companies Company Profile

The Trust aims to achieve capital growth by investing in small companies listed on the London Stock Exchange or its Alternative Investment Market (AIM). It seeks relative outperformance of its benchmark, the Numis Smaller Companies 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.