Gordon Neilly Buys 440 Shares of Montanaro European Smaller (LON:MTE) Stock

Montanaro European Smaller (LON:MTE) insider Gordon Neilly acquired 440 shares of the firm’s stock in a transaction on Wednesday, September 2nd. The stock was purchased at an average cost of GBX 178 per share, with a total value of £783.20.

Montanaro European Smaller Trading Down 0.5%

Shares of MTE traded down GBX 0.85 during mid-day trading on Wednesday, reaching GBX 176.15. 289,908 shares of the company’s stock traded hands, compared to its average volume of 379,831. The stock has a market cap of £204.21 million, a P/E ratio of 39.14 and a beta of 1.45. The stock’s 50-day moving average is GBX 175.80 and its two-hundred day moving average is GBX 170.63. Montanaro European Smaller has a 12 month low of GBX 142 and a 12 month high of GBX 189. The company has a debt-to-equity ratio of 7.54, a current ratio of 4.67 and a quick ratio of 0.12.

Montanaro European Smaller (LON:MTE) last issued its quarterly earnings results on Wednesday, July 22nd. The company reported GBX 1.94 earnings per share (EPS) for the quarter. Montanaro European Smaller had a return on equity of 2.78% and a net margin of 73.86%.

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. 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.