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River and Mercantile UK Micro Cap (LON:RMMC) Share Price Passes Below Fifty Day Moving Average - Time to Sell?

River and Mercantile UK Micro Cap logo with Financial Services background

River and Mercantile UK Micro Cap (LON:RMMC - Get Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 167.77 ($2.22) and traded as low as GBX 155 ($2.05). River and Mercantile UK Micro Cap shares last traded at GBX 161.70 ($2.14), with a volume of 4,608 shares trading hands.

River and Mercantile UK Micro Cap Stock Performance

The company has a market cap of £52.27 million and a price-to-earnings ratio of -211.23. The firm's 50 day simple moving average is GBX 166.63 and its 200-day simple moving average is GBX 172.58.

River and Mercantile UK Micro Cap Company Profile

(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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