River and Mercantile UK Micro Cap (LON:RMMC) Trading Down 1.2% – Time to Sell?

River and Mercantile UK Micro Cap (LON:RMMCGet Free Report) shares traded down 1.2% during trading on Thursday . The company traded as low as GBX 174.47 ($2.13) and last traded at GBX 174.47 ($2.13). 379,817 shares traded hands during trading, an increase of 311% from the average session volume of 92,365 shares. The stock had previously closed at GBX 176.50 ($2.16).

River and Mercantile UK Micro Cap Stock Performance

The company has a 50-day moving average price of GBX 177.55 and a 200-day moving average price of GBX 178.47. The firm has a market capitalization of £59.24 million and a P/E ratio of -239.38.

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.

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