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

River and Mercantile UK Micro Cap (LON:RMMCGet Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 173.28 ($2.24) and traded as low as GBX 164 ($2.12). River and Mercantile UK Micro Cap shares last traded at GBX 164 ($2.12), with a volume of 9,137 shares changing hands.

River and Mercantile UK Micro Cap Price Performance

The stock has a market capitalization of £55.59 million and a P/E ratio of -224.66. The business’s 50 day simple moving average is GBX 173.28 and its 200-day simple moving average is GBX 175.74.

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.

Further Reading

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