Gordon Neilly Purchases 440 Shares of Montanaro European Smaller (LON:MTE) Stock

Key Points

  • Insider purchase: Gordon Neilly bought 440 Montanaro European Smaller shares at GBX 178 each, for a total investment of £783.20.
  • Stock performance: Shares opened at GBX 176, with a market capitalization of approximately £204 million and a 52-week range of GBX 142 to GBX 189.
  • Investment strategy: The trust targets long-term capital growth by investing in small European listed companies and seeks to outperform the MSCI Europe SmallCap (ex-UK) Index.

Montanaro European Smaller (LON:MTE - Get Free Report) insider Gordon Neilly acquired 440 shares of the business's stock in a transaction dated Wednesday, September 2nd. The stock was bought at an average cost of GBX 178 per share, with a total value of £783.20.

Montanaro European Smaller Price Performance

LON:MTE opened at GBX 176 on Thursday. The stock has a market capitalization of £204.04 million, a PE ratio of 39.11 and a beta of 1.43. Montanaro European Smaller has a 1-year low of GBX 142 and a 1-year high of GBX 189. The firm has a fifty day simple moving average of GBX 175.78 and a 200 day simple moving average of GBX 170.71. The company has a current ratio of 4.67, a quick ratio of 0.12 and a debt-to-equity ratio of 7.54.

Montanaro European Smaller (LON:MTE - Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The company reported GBX 1.94 earnings per share (EPS) for the quarter. Montanaro European Smaller had a net margin of 73.86% and a return on equity of 2.78%.

About Montanaro European Smaller

(Get Free Report)




The trust aims to achieve capital growth by investing in small European quoted companies. It seeks to achieve capital growth in excess of its benchmark, the MSCI Europe SmallCap (ex-UK) Index. Montanaro Asset Management was founded by Charles Montanaro in 1991 with a vision to bring a different approach to SmallCap investing. We think of ourselves as an Oasis in the City. We ignore market noise and focus on identifying the highest quality businesses that we can own for the long-term. Almost 30 years later, we manage over £3.5bn (€4bn) on behalf of our clients.

Further Reading

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].

Insider Buying or Selling at Montanaro European Smaller?
Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Montanaro European Smaller and related companies.
From Our Partners
Free Insider Buying and Selling Newsletter
Enter your email address below to receive InsiderTrades.com's daily insider buying and selling report.
From Our Partners

Most Read This Month

Recent Articles