Montanaro UK Smaller Companies (LON:MTU) Stock Price Crosses Above Fifty Day Moving Average - Here's What Happened

Shares of Montanaro UK Smaller Companies (LON:MTU - Get Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 98.80 ($1.35) and traded as high as GBX 104 ($1.42). Montanaro UK Smaller Companies shares last traded at GBX 103.85 ($1.41), with a volume of 621,899 shares.

Montanaro UK Smaller Companies Trading Down 0.5%

The firm has a market cap of £172.17 million, a P/E ratio of 6.56 and a beta of 0.98. The firm has a fifty day simple moving average of GBX 98.80 and a 200-day simple moving average of GBX 101.19. 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 Increases Dividend

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

Insider Transactions at Montanaro UK Smaller Companies

In other Montanaro UK Smaller Companies news, insider Barbara Powley bought 13,500 shares of the business's stock in a transaction dated Monday, April 14th. The shares were purchased at an average price of GBX 93 ($1.27) per share, for a total transaction of £12,555 ($17,093.26). 0.21% of the stock is currently owned by insiders.

About Montanaro UK Smaller Companies

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.