Montanaro UK Smaller Companies (LON:MTU) Issues Quarterly Earnings Results

Montanaro UK Smaller Companies (LON:MTU) issued its quarterly earnings results on Friday. The company reported GBX 1.44 earnings per share for the quarter, Digital Look Earnings reports. The firm had revenue of GBX 217 million during the quarter. Montanaro UK Smaller Companies had a negative net margin of 9.15% and a negative return on equity of 0.08%.

Montanaro UK Smaller Companies Stock Performance

Shares of MTU traded down GBX 1 during mid-day trading on Friday, hitting GBX 110.50. 43,649 shares of the company’s stock were exchanged, compared to its average volume of 208,173. Montanaro UK Smaller Companies has a fifty-two week low of GBX 90.94 and a fifty-two week high of GBX 115. The firm has a market capitalization of £122.07 million, a P/E ratio of -1,227.78 and a beta of 1.19. The business’s 50 day moving average is GBX 111 and its two-hundred day moving average is GBX 106.61. The company has a current ratio of 4.27, a quick ratio of 41.12 and a debt-to-equity ratio of 8.73.

Montanaro UK Smaller Companies Company Profile

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.