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

Key Points

• The share price of Montanaro UK Smaller Companies (LON:MTU) fell below its 50-day moving average of GBX 102.16, trading as low as GBX 98.40, indicating potential sell signals.
• Despite the recent dip, the company has a market cap of £166.01 million and reported a P/E ratio of 6.32 alongside a strong return on equity of 13.16%.
• Insiders have shown confidence in the company's prospects, with significant recent purchases totaling over £22,000 by two executives.

Montanaro UK Smaller Companies (LON:MTU - Get Free Report)'s share price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 102.16 ($1.38) and traded as low as GBX 98.40 ($1.33). Montanaro UK Smaller Companies shares last traded at GBX 99.02 ($1.34), with a volume of 383,887 shares changing hands.

Montanaro UK Smaller Companies Stock Up 0.8%

The firm has a market cap of £166.01 million, a P/E ratio of 6.32 and a beta of 0.98. The firm's 50-day moving average price is GBX 102.16 and its 200 day moving average price is GBX 100.79. 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 (LON:MTU - Get Free Report) last released its quarterly earnings results on Wednesday, June 18th. The company reported GBX 3.28 ($0.04) earnings per share for the quarter. Montanaro UK Smaller Companies had a return on equity of 13.16% and a net margin of 91.45%.

Insider Buying and Selling

In other Montanaro UK Smaller Companies news, insider Barbara Powley bought 10,000 shares of the stock in a transaction dated Monday, July 7th. The stock was bought at an average cost of GBX 103 ($1.39) per share, for a total transaction of £10,300 ($13,935.87). Also, insider Catriona Hoare bought 11,920 shares of the company's stock in a transaction dated Wednesday, July 23rd. The shares were purchased at an average price of GBX 102 ($1.38) per share, with a total value of £12,158.40 ($16,450.28). 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.

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