Miton UK Microcap (LON:MINI) Stock Price Passes Below Fifty Day Moving Average – Here’s What Happened

Shares of Miton UK Microcap (LON:MINI) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 45.02 ($0.58) and traded as low as GBX 43 ($0.56). Miton UK Microcap shares last traded at GBX 43.04 ($0.56), with a volume of 150,422 shares changing hands.

Miton UK Microcap Stock Down 4.2 %

The company has a 50 day simple moving average of GBX 45.02 and a 200 day simple moving average of GBX 45.16. The stock has a market cap of £19.76 million and a price-to-earnings ratio of -4.70.

Miton UK Microcap (LON:MINI) last posted its earnings results on Friday, January 10th. The company reported GBX 0.06 ($0.00) earnings per share for the quarter. Miton UK Microcap had a net margin of 108.26% and a negative return on equity of 15.14%.

About Miton UK Microcap

The Company aims to provide its shareholders with capital growth over the long term.

The Company invests primarily in the smallest companies, measured by their market capitalisation, quoted or traded on an exchange in the United Kingdom at the time of investment. It is likely that the majority of the micro-cap companies held in the Company’s portfolio will be quoted on the AIM Index and will typically have a market capitalisation of less than £150 million at the time of investment.