Montanaro UK Smaller Companies (LON:MTU) Stock Price Up 1.5% - What's Next?

Shares of Montanaro UK Smaller Companies (LON:MTU - Get Free Report) rose 1.5% on Thursday . The stock traded as high as GBX 104 ($1.33) and last traded at GBX 104 ($1.33). Approximately 1,159,612 shares changed hands during trading, an increase of 233% from the average daily volume of 348,446 shares. The stock had previously closed at GBX 102.50 ($1.31).

Montanaro UK Smaller Companies Stock Up 0.5 %

The company has a current ratio of 11.57, a quick ratio of 41.12 and a debt-to-equity ratio of 10.82. The stock has a market cap of £174.91 million, a P/E ratio of 945.45 and a beta of 0.98. The firm has a 50-day simple moving average of GBX 104.44 and a two-hundred day simple moving average of GBX 106.98.

Montanaro UK Smaller Companies Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, November 8th. Shareholders of record on Thursday, October 17th were given a dividend of GBX 1.22 ($0.02) per share. This represents a yield of 1.16%. The ex-dividend date of this dividend was Thursday, October 17th. Montanaro UK Smaller Companies's payout ratio is 4,545.45%.

Montanaro UK Smaller Companies Company Profile

Montanaro UK Smaller Companies Investment Trust PLC is a closed-ended equity mutual fund launched and managed by Montanaro Investment Managers Ltd. It invests in the public equity markets of the United Kingdom. The fund seeks to invest in stocks of small-cap companies operating across diversified sectors.