Montanaro UK Smaller Companies (LON:MTU) Stock Crosses Below 50-Day Moving Average – What’s Next?

Montanaro UK Smaller Companies (LON:MTU)’s share price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 105.28 ($1.35) and traded as low as GBX 104.50 ($1.34). Montanaro UK Smaller Companies shares last traded at GBX 104.50 ($1.34), with a volume of 263,261 shares changing hands.

Montanaro UK Smaller Companies Stock Up 0.6 %

The stock has a market cap of £175.88 million, a price-to-earnings ratio of 950.00 and a beta of 0.98. The company has a quick ratio of 41.12, a current ratio of 11.57 and a debt-to-equity ratio of 10.82. The stock has a fifty day moving average of GBX 105.28 and a two-hundred day moving average of GBX 107.34.

Montanaro UK Smaller Companies Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, November 8th. Investors 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 dividend payout ratio (DPR) is presently 4,545.45%.

About Montanaro UK Smaller Companies

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.