Montanaro European Smaller (LON:MTE) Share Price Passes Above Fifty Day Moving Average - Time to Sell?

Shares of Montanaro European Smaller (LON:MTE - Get Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 140.64 ($1.72) and traded as high as GBX 143.50 ($1.75). Montanaro European Smaller shares last traded at GBX 142 ($1.73), with a volume of 85,287 shares changing hands.

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 £270.88 million, a P/E ratio of 1,787.50 and a beta of 1.17. The stock's fifty day moving average is GBX 140.57 and its 200-day moving average is GBX 141.91.

Montanaro European Smaller Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, January 22nd. Investors of record on Thursday, December 19th will be issued a GBX 0.30 ($0.00) dividend. The ex-dividend date is Thursday, December 19th. This represents a yield of 0.21%. Montanaro European Smaller's dividend payout ratio (DPR) is currently 1,250.00%.

Insider Buying and Selling at Montanaro European Smaller

In other news, insider Caroline Roxburgh purchased 6,855 shares of the firm's stock in a transaction on Tuesday, October 22nd. The stock was bought at an average cost of GBX 145 ($1.77) per share, for a total transaction of £9,939.75 ($12,136.45). Corporate insiders own 1.39% of the company's stock.

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.