Montanaro UK Smaller Companies (LON:MTU) Shares Pass Below 50-Day Moving Average - Here's What Happened

Shares of Montanaro UK Smaller Companies (LON:MTU - Get Free Report) passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 101.40 ($1.33) and traded as low as GBX 85.76 ($1.12). Montanaro UK Smaller Companies shares last traded at GBX 87.80 ($1.15), with a volume of 289,109 shares traded.

Montanaro UK Smaller Companies Price Performance

The company has a debt-to-equity ratio of 9.83, a current ratio of 0.37 and a quick ratio of 41.12. The firm has a market capitalization of £151.38 million, a PE ratio of 5.76 and a beta of 0.98. The business's 50 day moving average is GBX 99.63 and its two-hundred day moving average is GBX 102.65.

Montanaro UK Smaller Companies Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, June 13th. Stockholders of record on Thursday, May 15th will be issued a dividend of GBX 4 ($0.05) per share. This is an increase from Montanaro UK Smaller Companies's previous dividend of $1.03. This represents a dividend yield of 3.05%. The ex-dividend date of this dividend is Thursday, May 15th. Montanaro UK Smaller Companies's payout ratio is currently 31.67%.

Insider Buying and Selling

In other news, insider Arthur Copple bought 25,000 shares of the company's stock in a transaction that occurred on Thursday, January 16th. The stock was bought at an average price of GBX 100 ($1.31) per share, for a total transaction of £25,000 ($32,722.51). Also, insider Yuuichiro Nakajima acquired 5,000 shares of the stock in a transaction dated Friday, February 14th. The stock was acquired at an average price of GBX 107 ($1.40) per share, with a total value of £5,350 ($7,002.62). 0.21% of the stock is owned by company insiders.

Montanaro UK Smaller Companies Company Profile

The Trust aims to achieve capital growth by investing in small companies listed on the London Stock Exchange or its Alternative Investment Market (AIM). It seeks relative outperformance of its benchmark, the Numis Smaller Companies 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.