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Montanaro European Smaller (LON:MTE) Stock Passes Below 50-Day Moving Average - Should You Sell?

Montanaro European Smaller logo with Financial Services background

Montanaro European Smaller (LON:MTE - Get Free Report)'s share price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 153.79 ($2.01) and traded as low as GBX 131.61 ($1.72). Montanaro European Smaller shares last traded at GBX 139.50 ($1.83), with a volume of 8,228,984 shares traded.

Montanaro European Smaller Stock Performance

The firm has a market cap of £276.19 million, a PE ratio of 5.28 and a beta of 1.17. The company has a quick ratio of 0.12, a current ratio of 3.68 and a debt-to-equity ratio of 2.64. The company has a 50-day simple moving average of GBX 152.44 and a two-hundred day simple moving average of GBX 146.51.

About Montanaro European Smaller

(Get Free Report)

The trust aims to achieve capital growth by investing in small European quoted companies. It seeks to achieve capital growth in excess of its benchmark, the MSCI Europe SmallCap (ex-UK) Index. Montanaro Asset Management was founded by Charles Montanaro in 1991 with a vision to bring a different approach to SmallCap investing. We think of ourselves as an Oasis in the City.

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