Montanaro UK Smaller Companies (LON:MTU) Share Price Passes Below Fifty Day Moving Average of $107.66

Montanaro UK Smaller Companies (LON:MTU)’s share price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 107.66 ($1.44) and traded as low as GBX 105.03 ($1.41). Montanaro UK Smaller Companies shares last traded at GBX 106.50 ($1.43), with a volume of 634,923 shares traded.

Montanaro UK Smaller Companies Stock Down 1.2 %

The company has a debt-to-equity ratio of 10.82, a current ratio of 11.57 and a quick ratio of 41.12. The firm’s 50 day moving average price is GBX 107.66 and its two-hundred day moving average price is GBX 106.25. The firm has a market cap of £176.18 million, a price-to-earnings ratio of 968.18 and a beta of 0.98.

Montanaro UK Smaller Companies Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, August 9th. Investors of record on Thursday, July 18th were given a GBX 1.24 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, July 18th. This represents a yield of 1.12%. This is an increase from Montanaro UK Smaller Companies’s previous dividend of $1.19. Montanaro UK Smaller Companies’s dividend payout ratio (DPR) is presently 4,545.45%.

Insider Activity

In related news, insider Barbara Powley purchased 267 shares of the stock in a transaction dated Friday, August 9th. The shares were acquired at an average cost of GBX 107 ($1.43) per share, with a total value of £285.69 ($382.55). Insiders own 0.21% of the company’s stock.

About Montanaro UK Smaller Companies

Montanaro UK Smaller Companies Investment Trust PLC is a closed-ended equity mutual fund launched and managed by Montanaro Investment Managers Ltd. It invests in the public equity markets of the United Kingdom. The fund seeks to invest in stocks of small-cap companies operating across diversified sectors.