Montanaro European Smaller (LON:MTE) Share Price Passes Below 50 Day Moving Average of $138.25

Montanaro European Smaller (LON:MTE) shares crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 138.25 ($1.72) and traded as low as GBX 137 ($1.71). Montanaro European Smaller shares last traded at GBX 137.50 ($1.71), with a volume of 88,161 shares traded.

Montanaro European Smaller Price Performance

The company has a quick ratio of 0.12, a current ratio of 3.24 and a debt-to-equity ratio of 3.27. The stock has a market capitalization of £255.73 million, a PE ratio of 750.78 and a beta of 1.18. The company has a 50-day moving average of GBX 138.44 and a 200 day moving average of GBX 128.61.

About Montanaro European Smaller

Montanaro European Smaller Companies Trust plc is an open ended equity mutual fund launched and managed by Montanaro Investment Managers Ltd. It invests in public equity markets of Europe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in growth stocks of small-cap companies listed on London Stock Exchange.