Montanaro European Smaller (LON:MTE) Stock Crosses Above 200-Day Moving Average – Should You Sell?

Montanaro European Smaller (LON:MTE) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 142.55 ($1.77) and traded as high as GBX 153.72 ($1.91). Montanaro European Smaller shares last traded at GBX 150 ($1.87), with a volume of 203,945 shares changing hands.

Montanaro European Smaller Stock Up 1.0 %

The firm has a market capitalization of £286.99 million, a PE ratio of 1,893.75 and a beta of 1.17. The stock has a 50-day simple moving average of GBX 141.73 and a 200-day simple moving average of GBX 142.55. The company has a quick ratio of 0.12, a current ratio of 0.70 and a debt-to-equity ratio of 2.98.

Montanaro European Smaller (LON:MTE) last announced its quarterly earnings data on Thursday, December 12th. The company reported GBX 1.56 ($0.02) earnings per share (EPS) for the quarter. Montanaro European Smaller had a return on equity of 4.78% and a net margin of 80.23%.

Montanaro European Smaller Cuts Dividend

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

Montanaro European Smaller Company Profile

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.