Montanaro European Smaller Co.s Trust (LON:MTE) Shares Up 0.7%

Montanaro European Smaller Co.s Trust (LON:MTE) shares shot up 0.7% during trading on Thursday . The stock traded as high as GBX 1,087.75 ($14.31) and last traded at GBX 1,080 ($14.21), 10,116 shares were traded during mid-day trading. An increase of 69% from the average session volume of 5,992 shares. The stock had previously closed at GBX 1,072.50 ($14.11).

The firm has a market capitalization of $180.72 million and a P/E ratio of 9.14. The firm’s 50-day moving average is GBX 1,059.51 and its 200 day moving average is GBX 1,030.57. The company has a debt-to-equity ratio of 5.07, a quick ratio of 39.65 and a current ratio of 39.65.

The business also recently disclosed a dividend, which will be paid on Friday, January 3rd. Investors of record on Thursday, December 5th will be given a GBX 2 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, December 5th. This represents a yield of 0.19%. Montanaro European Smaller Co.s Trust’s dividend payout ratio is currently 0.08%.

Montanaro European Smaller Co.s Trust Company Profile (LON:MTE)

Montanaro European Smaller Companies Trust plc is an open ended equity mutual fund launched and managed by Montanaro Investment Managers Ltd. It invests in public equity markets of Europe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in growth stocks of small-cap companies listed on London Stock Exchange.

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