Montanaro European Smaller (LON:MTE) Stock Price Crosses Above 50-Day Moving Average – Here’s Why

Montanaro European Smaller (LON:MTE)’s share price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 152.54 ($1.98) and traded as high as GBX 159.24 ($2.07). Montanaro European Smaller shares last traded at GBX 157.50 ($2.05), with a volume of 1,276,265 shares traded.

Montanaro European Smaller Price Performance

The company has a current ratio of 3.68, a quick ratio of 0.12 and a debt-to-equity ratio of 2.64. The company has a market capitalization of £299.59 million, a PE ratio of 5.72 and a beta of 1.17. The stock’s 50-day moving average is GBX 152.54 and its two-hundred day moving average is GBX 145.75.

About Montanaro European Smaller

The trust aims to achieve capital growth by investing in small European quoted companies. It seeks to achieve capital growth in excess of its benchmark, the MSCI Europe SmallCap (ex-UK) 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.