Montanaro European Smaller (LON:MTE) Shares Pass Above 50 Day Moving Average – Should You Sell?

Montanaro European Smaller (LON:MTEGet Free Report)’s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 152.65 ($2.03) and traded as high as GBX 167.40 ($2.23). Montanaro European Smaller shares last traded at GBX 166 ($2.21), with a volume of 125,179 shares traded.

Montanaro European Smaller Stock Up 1.2%

The company has a market capitalization of £319.41 million, a PE ratio of 6.10 and a beta of 1.17. The company has a debt-to-equity ratio of 2.64, a quick ratio of 0.12 and a current ratio of 3.68. The company’s 50-day moving average is GBX 152.65 and its 200 day moving average is GBX 148.40.

About Montanaro European Smaller

(Get Free Report)

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.

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