River and Mercantile UK Micro Cap (LON:RMMC) Shares Cross Below Fifty Day Moving Average – What’s Next?

River and Mercantile UK Micro Cap (LON:RMMCGet Free Report)’s stock price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 177.48 ($2.17) and traded as low as GBX 173 ($2.12). River and Mercantile UK Micro Cap shares last traded at GBX 175.67 ($2.15), with a volume of 109,869 shares changing hands.

River and Mercantile UK Micro Cap Price Performance

The company has a market capitalization of £60.19 million and a price-to-earnings ratio of -243.22. The stock has a 50 day moving average price of GBX 177.48 and a two-hundred day moving average price of GBX 178.23.

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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