Montanaro UK Smaller Companies (LON:MTU) Share Price Crosses Below 50 Day Moving Average – What’s Next?

Montanaro UK Smaller Companies (LON:MTU)’s stock price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 98.03 ($1.30) and traded as low as GBX 93.40 ($1.24). Montanaro UK Smaller Companies shares last traded at GBX 93.40 ($1.24), with a volume of 51,350 shares changing hands.

Montanaro UK Smaller Companies Trading Up 1.7 %

The company has a 50-day moving average of GBX 98.03 and a 200 day moving average of GBX 102.10. The company has a debt-to-equity ratio of 9.83, a current ratio of 0.37 and a quick ratio of 41.12. The company has a market cap of £158.03 million, a PE ratio of 6.02 and a beta of 0.98.

Montanaro UK Smaller Companies Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, June 13th. Stockholders of record on Thursday, May 15th will be issued a GBX 4 ($0.05) dividend. This is a boost from Montanaro UK Smaller Companies’s previous dividend of $1.03. The ex-dividend date of this dividend is Thursday, May 15th. This represents a dividend yield of 3.05%. Montanaro UK Smaller Companies’s payout ratio is 31.67%.

Insider Activity

In other news, insider Barbara Powley acquired 13,500 shares of the firm’s stock in a transaction on Monday, April 14th. The stock was acquired at an average price of GBX 93 ($1.23) per share, with a total value of £12,555 ($16,635.75). Also, insider Yuuichiro Nakajima bought 5,000 shares of the company’s stock in a transaction on Friday, February 14th. The shares were acquired at an average price of GBX 107 ($1.42) per share, with a total value of £5,350 ($7,088.91). Corporate insiders own 0.21% of the company’s stock.

About Montanaro UK Smaller Companies

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.