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River and Mercantile UK Micro Cap (LON:RMMC) Shares Cross Below 50-Day Moving Average - Here's Why

River and Mercantile UK Micro Cap logo with Financial Services background

River and Mercantile UK Micro Cap (LON:RMMC - Get Free Report)'s stock price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 177.48 ($2.17) and traded as low as GBX 173 ($2.12). River and Mercantile UK Micro Cap shares last traded at GBX 175.67 ($2.15), with a volume of 109,869 shares trading hands.

River and Mercantile UK Micro Cap Stock Up 0.6 %

The company has a fifty day moving average price of GBX 177.48 and a 200 day moving average price of GBX 178.23. The stock has a market cap of £60.19 million and a PE ratio of -243.22.

About River and Mercantile UK Micro Cap

(Get Free Report)

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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