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

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) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 173.28 ($2.25) and traded as low as GBX 164 ($2.13). River and Mercantile UK Micro Cap shares last traded at GBX 164 ($2.13), with a volume of 9,137 shares changing hands.

River and Mercantile UK Micro Cap Trading Down 1.8 %

The firm has a 50-day simple moving average of GBX 173.05 and a two-hundred day simple moving average of GBX 175.54. The company has a market capitalization of £55.74 million and a price-to-earnings ratio of -225.23.

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.

Further Reading

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