Miton UK Microcap (LON:MINI) Share Price Passes Below Fifty Day Moving Average – Here’s Why

Miton UK Microcap (LON:MINI)’s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 45.13 ($0.58) and traded as low as GBX 43.62 ($0.56). Miton UK Microcap shares last traded at GBX 45.78 ($0.59), with a volume of 128,098 shares changing hands.

Miton UK Microcap Trading Down 3.3 %

The firm has a market cap of £20.03 million and a price-to-earnings ratio of -4.76. The business’s 50-day simple moving average is GBX 45.12 and its two-hundred day simple moving average is GBX 45.54.

Miton UK Microcap (LON:MINI) last released its earnings results on Friday, January 10th. The company reported GBX 0.06 ($0.00) earnings per share for the quarter. Miton UK Microcap had a net margin of 108.26% and a negative return on equity of 15.14%.

Miton UK Microcap Company Profile

The Company aims to provide its shareholders with capital growth over the long term.

The Company invests primarily in the smallest companies, measured by their market capitalisation, quoted or traded on an exchange in the United Kingdom at the time of investment. It is likely that the majority of the micro-cap companies held in the Company’s portfolio will be quoted on the AIM Index and will typically have a market capitalisation of less than £150 million at the time of investment.