Montanaro European Smaller (LON:MTE) Stock Price Crosses Above 50-Day Moving Average – Time to Sell?

Montanaro European Smaller (LON:MTE)’s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 140.61 ($1.71) and traded as high as GBX 147.38 ($1.79). Montanaro European Smaller shares last traded at GBX 146.50 ($1.78), with a volume of 288,850 shares changing hands.

Montanaro European Smaller Price Performance

The company has a debt-to-equity ratio of 2.98, a quick ratio of 0.12 and a current ratio of 0.70. The company’s 50 day moving average price is GBX 140.61 and its 200-day moving average price is GBX 142.07. The company has a market cap of £277.51 million, a price-to-earnings ratio of 1,831.25 and a beta of 1.17.

Montanaro European Smaller Cuts Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, January 22nd. Shareholders of record on Thursday, December 19th will be given a GBX 0.30 ($0.00) dividend. The ex-dividend date is Thursday, December 19th. This represents a yield of 0.21%. Montanaro European Smaller’s dividend payout ratio (DPR) is 1,250.00%.

Insider Activity

In related news, insider Caroline Roxburgh purchased 6,855 shares of the company’s stock in a transaction that occurred on Tuesday, October 22nd. The shares were purchased at an average price of GBX 145 ($1.76) per share, with a total value of £9,939.75 ($12,093.62). Insiders own 1.39% of the company’s stock.

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.