River and Mercantile UK Micro Cap (LON:RMMC) Stock Price Down 1.2% – What’s Next?

River and Mercantile UK Micro Cap (LON:RMMC) traded down 1.2% on Thursday . The company traded as low as GBX 174.47 ($2.15) and last traded at GBX 174.47 ($2.15). 379,817 shares changed hands during mid-day trading, an increase of 311% from the average session volume of 92,365 shares. The stock had previously closed at GBX 176.50 ($2.17).

River and Mercantile UK Micro Cap Price Performance

The company has a market cap of £59.15 million and a price-to-earnings ratio of -239.00. The company’s 50-day simple moving average is GBX 177.65 and its 200-day simple moving average is GBX 178.52.

About River and Mercantile UK Micro Cap

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.