River and Mercantile UK Micro Cap (LON:RMMC) Trading Down 1% - What's Next?

Key Points

• River and Mercantile UK Micro Cap shares traded down 1% to GBX 202.91 ($2.71), with a significant increase in trading volume of 328% compared to the average session.
• The company has a market capitalization of £68.78 million and a PE ratio of -277.96, indicating it is currently not profitable.
• Its investment strategy focuses on achieving long-term capital growth through a diversified portfolio of UK micro cap companies, typically with a market capitalization of under £100 million.

River and Mercantile UK Micro Cap (LON:RMMC - ) shares traded down 1% during mid-day trading on Wednesday . The company traded as low as GBX 202.91 ($2.71) and last traded at GBX 202.91 ($2.71). 215,225 shares changed hands during trading, an increase of 328% from the average session volume of 50,282 shares. The stock had previously closed at GBX 205 ($2.74).

River and Mercantile UK Micro Cap Price Performance

The business's 50-day moving average price is GBX 189.09 and its 200-day moving average price is GBX 175.35. The firm has a market capitalization of £68.78 million and a PE ratio of -277.96.

River and Mercantile UK Micro Cap Company Profile

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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