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River and Mercantile UK Micro Cap (LON:RMMC) Trading Down 1.3% - Here's Why

River and Mercantile UK Micro Cap logo with Financial Services background

Key Points

  • The stock of River and Mercantile UK Micro Cap (LON:RMMC) declined by 1.3%, trading at GBX 202.30 ($2.76) during mid-day on Wednesday.
  • Trading volume was approximately 30,383 shares, a significant drop of 47% from the average daily volume of 57,091 shares.
  • River and Mercantile operates as a closed-ended investment company, focusing on achieving long-term capital growth through investments in UK micro cap companies with a market capitalization of less than £100 million.
  • Interested in River and Mercantile UK Micro Cap? Here are five stocks we like better.

Shares of River and Mercantile UK Micro Cap (LON:RMMC - Get Free Report) fell 1.3% during mid-day trading on Wednesday . The stock traded as low as GBX 200.20 ($2.70) and last traded at GBX 202.30 ($2.73). 30,383 shares were traded during trading, a decline of 47% from the average session volume of 57,091 shares. The stock had previously closed at GBX 205 ($2.76).

River and Mercantile UK Micro Cap Stock Performance

The company's 50-day moving average price is GBX 200.63 and its two-hundred day moving average price is GBX 182.06. The stock has a market cap of £68.55 million and a PE ratio of 768.79.

About River and Mercantile UK Micro Cap

(Get Free Report)

River & Mercantile UK Micro Cap Investment is a closed-ended investment company. The Company's investment objective is to achieve long term capital growth from investment in a diversified portfolio of UK micro cap companies, typically comprising companies with a free float market capitalisation of less than £100 million at the time of purchase.

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