River and Mercantile UK Micro Cap (LON:RMMC) Shares Down 1% - Should You Sell?

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.

Shares of River and Mercantile UK Micro Cap (LON:RMMC - Get Free Report) dropped 1% during trading on Wednesday . The company traded as low as GBX 202.91 ($2.73) and last traded at GBX 202.91 ($2.73). Approximately 215,225 shares traded hands during mid-day trading, an increase of 328% from the average daily volume of 50,282 shares. The stock had previously closed at GBX 205 ($2.76).

River and Mercantile UK Micro Cap Stock Up 0.5%

The stock has a market cap of £69.83 million and a price-to-earnings ratio of -282.19. The business's 50 day simple moving average is GBX 190.48 and its 200 day simple moving average is GBX 175.95.

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.