Montanaro UK Smaller Companies (LON:MTU) Trading Up 0.4% – Here’s Why

Montanaro UK Smaller Companies (LON:MTUGet Free Report)’s stock price was up 0.4% during trading on Wednesday . The company traded as high as GBX 106.50 and last traded at GBX 104.91. Approximately 242,666 shares changed hands during mid-day trading, a decline of 17% from the average daily volume of 293,224 shares. The stock had previously closed at GBX 104.50.

Montanaro UK Smaller Companies Price Performance

The firm has a fifty day moving average price of GBX 99.80 and a two-hundred day moving average price of GBX 101.20. The stock has a market capitalization of £118.60 million, a P/E ratio of -18.94 and a beta of 1.23. The company has a debt-to-equity ratio of 10.69, a quick ratio of 41.12 and a current ratio of 0.44.

About Montanaro UK Smaller Companies

(Get Free Report)

The Trust aims to achieve capital growth by investing in small companies listed on the London Stock Exchange or its Alternative Investment Market (AIM). It seeks relative outperformance of its benchmark, the Numis Smaller Companies 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. We ignore market noise and focus on identifying the highest quality businesses that we can own for the long-term.

Almost 30 years later, we manage over £3.5bn (€4bn) on behalf of our clients.

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