Montanaro UK Smaller Companies (LON:MTU) Shares Cross Below 50 Day Moving Average - What's Next?

Montanaro UK Smaller Companies (LON:MTU - Get Free Report)'s stock price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 96.86 ($1.29) and traded as low as GBX 95.64 ($1.28). Montanaro UK Smaller Companies shares last traded at GBX 97.20 ($1.30), with a volume of 610,339 shares changing hands.

Montanaro UK Smaller Companies Stock Down 1.0 %

The company has a current ratio of 0.37, a quick ratio of 41.12 and a debt-to-equity ratio of 9.83. The firm's fifty day moving average is GBX 96.53 and its 200 day moving average is GBX 101.59. The stock has a market cap of £168.01 million, a P/E ratio of 6.40 and a beta of 0.98.

Montanaro UK Smaller Companies Increases Dividend

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

Insider Buying and Selling

In other news, insider Barbara Powley bought 13,500 shares of the business's stock in a transaction that occurred on Monday, April 14th. The stock was acquired at an average cost of GBX 93 ($1.24) per share, for a total transaction of £12,555 ($16,764.59). Also, insider Yuuichiro Nakajima acquired 5,000 shares of Montanaro UK Smaller Companies stock in a transaction dated Friday, February 14th. The shares were acquired at an average cost of GBX 107 ($1.43) per share, with a total value of £5,350 ($7,143.81). 0.21% of the stock is currently owned by insiders.

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.