River and Mercantile UK Micro Cap Investment (LON:RMMC) Stock Price Crosses Below 50 Day Moving Average of $158.88

Shares of River and Mercantile UK Micro Cap Investment Company Limited (LON:RMMC – Get Rating) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 158.88 ($1.94) and traded as low as GBX 146.80 ($1.79). River and Mercantile UK Micro Cap Investment shares last traded at GBX 146.80 ($1.79), with a volume of 16,172 shares.

River and Mercantile UK Micro Cap Investment Trading Down 2.8 %

The firm has a 50-day simple moving average of GBX 158.88 and a two-hundred day simple moving average of GBX 153.64. The company has a market capitalization of £49.77 million and a price-to-earnings ratio of -92.91.

River and Mercantile UK Micro Cap Investment Company Profile

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River and Mercantile UK Micro Cap Investment Company Limited is a closed-ended equity mutual fund launched by Carne Global AIFM Solutions. The fund is managed by River and Mercantile Asset Management LLP. It invests in the public equity markets of the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.