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River and Mercantile UK Micro Cap (LON:RMMC) Stock Passes Below 50 Day Moving Average - Here's What Happened

River and Mercantile UK Micro Cap logo with Financial Services background
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River and Mercantile UK Micro Cap (LON:RMMC - Get Free Report)'s share price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 174.64 ($2.26) and traded as low as GBX 170 ($2.20). River and Mercantile UK Micro Cap shares last traded at GBX 170 ($2.20), with a volume of 56,950 shares.

River and Mercantile UK Micro Cap Stock Down 3.1 %

The company has a 50 day simple moving average of GBX 174.33 and a 200-day simple moving average of GBX 176.42. The stock has a market capitalization of £56.97 million and a price-to-earnings ratio of -230.23.

About River and Mercantile UK Micro Cap

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River & Mercantile UK Micro Cap Investment is a closed-ended investment company. The Company's investment objective is to achieve long term capital growth from investment in a diversified portfolio of UK micro cap companies, typically comprising companies with a free float market capitalisation of less than £100 million at the time of purchase.

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