River and Mercantile UK Micro Cap Stock Moves Below 50-Day Average

The stock price of River and Mercantile UK Micro Cap (LON:RMMC - Get Free Report) fell below its fifty-day moving average on Friday. This average stands at GBX 175.51 ($2.21), while the stock traded as low as GBX 173.35 ($2.18) during the day. The last recorded trading price for River and Mercantile UK Micro Cap shares was GBX 176 ($2.22), with a total trading volume of 70,405 shares.

Stock Performance Overview

The current market capitalization of River and Mercantile UK Micro Cap is £59.66 million, and the price-to-earnings (PE) ratio is noted at -241.10. The company's fifty-day moving average, as mentioned, is GBX 175.51, with a longer-term two-hundred-day moving average of GBX 177.56.

Company Background

River & Mercantile UK Micro Cap Investment operates as a closed-ended investment company. Its main goal is to achieve long-term capital growth through a diverse portfolio of UK micro-cap companies, which generally includes firms with a market capitalization of less than £100 million at the time of acquisition.

Investment Considerations

Before making any investment decisions regarding River and Mercantile UK Micro Cap, investors are encouraged to do thorough research. Notably, while the stock currently holds a "Hold" rating from analysts, there are other stocks that analysts believe to be more attractive investments at this time.

Analyst Recommendations

Market analysts have identified five other stocks that they consider to be better investment opportunities than River and Mercantile UK Micro Cap right now. This insight is valuable for investors looking to expand their portfolios wisely.

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