River and Mercantile UK Micro Cap (LON:RMMC) Stock Price Crosses Below 50 Day Moving Average – Here’s Why

River and Mercantile UK Micro Cap (LON:RMMCGet Free Report)’s share price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 175.99 ($2.20) and traded as low as GBX 173.35 ($2.17). River and Mercantile UK Micro Cap shares last traded at GBX 173.35 ($2.17), with a volume of 5,143 shares changing hands.

River and Mercantile UK Micro Cap Trading Down 1.8 %

The firm has a market cap of £58.77 million and a P/E ratio of -237.47. The business’s fifty day simple moving average is GBX 175.99 and its 200-day simple moving average is GBX 177.96.

River and Mercantile UK Micro Cap Company Profile

(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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