Miton UK Microcap (LON:MINI) Shares Pass Below Fifty Day Moving Average – Here’s What Happened

Miton UK Microcap (LON:MINI)’s stock price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 45.02 ($0.58) and traded as low as GBX 43 ($0.56). Miton UK Microcap shares last traded at GBX 43.04 ($0.56), with a volume of 150,422 shares traded.

Miton UK Microcap Stock Performance

The company’s 50-day simple moving average is GBX 45.01 and its 200-day simple moving average is GBX 45.13. The company has a market capitalization of £19.75 million and a PE ratio of -4.70.

Miton UK Microcap (LON:MINI) last posted its quarterly 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 negative return on equity of 15.14% and a net margin of 108.26%.

About Miton UK Microcap

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.