Montanaro European Smaller (LON:MTE) Shares Down 1.1% - Should You Sell?

Shares of Montanaro European Smaller (LON:MTE - Get Free Report) were down 1.1% during mid-day trading on Tuesday . The stock traded as low as GBX 140.50 ($1.79) and last traded at GBX 140.50 ($1.79). Approximately 1,172,179 shares were traded during mid-day trading, an increase of 287% from the average daily volume of 302,653 shares. The stock had previously closed at GBX 142 ($1.81).

Montanaro European Smaller Price Performance

The company has a debt-to-equity ratio of 2.98, a current ratio of 0.70 and a quick ratio of 0.12. The stock has a market capitalization of £268.04 million, a P/E ratio of 1,768.75 and a beta of 1.17. The stock's fifty day moving average is GBX 142.21 and its 200-day moving average is GBX 142.16.

Insider Activity

In other Montanaro European Smaller news, insider Caroline Roxburgh purchased 6,855 shares of the business's stock in a transaction dated Tuesday, October 22nd. The stock was bought at an average cost of GBX 145 ($1.85) per share, for a total transaction of £9,939.75 ($12,679.87). 1.39% of the stock is currently owned by insiders.

Montanaro European Smaller Company Profile

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.