Montanaro European Smaller (LON:MTE) Announces Quarterly Earnings Results

Montanaro European Smaller (LON:MTEGet Free Report) issued its quarterly earnings data on Wednesday. The company reported GBX 1.94 earnings per share for the quarter, Digital Look Earnings reports. Montanaro European Smaller had a return on equity of 9.88% and a net margin of 20,362.04%.

Montanaro European Smaller Stock Up 0.1%

MTE opened at GBX 173.68 on Thursday. Montanaro European Smaller has a fifty-two week low of GBX 142 and a fifty-two week high of GBX 189. The firm has a market capitalization of £214.12 million, a P/E ratio of 9.69 and a beta of 1.47. The company’s 50-day moving average is GBX 179.01 and its 200 day moving average is GBX 168.71. The company has a debt-to-equity ratio of 7.02, a current ratio of 0.27 and a quick ratio of 0.12.

Montanaro European Smaller Company Profile

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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.

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