Montanaro UK Smaller Companies (LON:MTU) Stock Price Passes Below 50 Day Moving Average - Time to Sell?

Key Points

• Montanaro UK Smaller Companies (LON:MTU) has crossed below its 50-day moving average, which now stands at GBX 99.36 ($1.33), indicating potential concerns about stock performance.
• Insiders are buying shares, with Catriona Hoare purchasing 11,920 shares at GBX 102 and Barbara Powley acquiring 10,000 shares at GBX 103, signaling confidence from some stakeholders.
• The company aims for capital growth by investing in small companies listed on the London Stock Exchange or AIM, and has a market capitalization of £124.21 million.

Montanaro UK Smaller Companies (LON:MTU - ) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 99.36 ($1.33) and traded as low as GBX 96 ($1.29). Montanaro UK Smaller Companies shares last traded at GBX 97.39 ($1.31), with a volume of 543,612 shares.

Montanaro UK Smaller Companies Stock Down 0.0%

The firm has a 50 day simple moving average of GBX 99.36 and a two-hundred day simple moving average of GBX 99.60. The company has a quick ratio of 41.12, a current ratio of 0.37 and a debt-to-equity ratio of 9.83. The stock has a market capitalization of £124.21 million, a P/E ratio of -1,156.65 and a beta of 0.98.

Insider Buying and Selling at Montanaro UK Smaller Companies

In other Montanaro UK Smaller Companies news, insider Catriona Hoare bought 11,920 shares of the business's stock in a transaction on Wednesday, July 23rd. The stock was purchased at an average cost of GBX 102 per share, for a total transaction of £12,158.40. Also, insider Barbara Powley bought 10,000 shares of the business's stock in a transaction on Monday, July 7th. The shares were acquired at an average price of GBX 103 per share, with a total value of £10,300. 0.42% of the stock is owned by corporate 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.

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