River and Mercantile UK Micro Cap (LON:RMMC) Stock Price Passes Below 50-Day Moving Average of $182.12

River and Mercantile UK Micro Cap (LON:RMMC) shares passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 182.12 ($2.33) and traded as low as GBX 180 ($2.30). River and Mercantile UK Micro Cap shares last traded at GBX 183.50 ($2.35), with a volume of 10,208 shares.

River and Mercantile UK Micro Cap Stock Performance

The firm’s 50 day moving average is GBX 182.10 and its two-hundred day moving average is GBX 169.68. The stock has a market capitalization of £62.21 million and a PE ratio of -251.37.

Insider Buying and Selling

In other news, insider Serena Tremlett acquired 3,432 shares of the company’s stock in a transaction on Tuesday, June 25th. The shares were bought at an average cost of GBX 183 ($2.34) per share, with a total value of £6,280.56 ($8,026.27). In other River and Mercantile UK Micro Cap news, insider John Blowers purchased 8,906 shares of the firm’s stock in a transaction on Monday, July 15th. The stock was bought at an average cost of GBX 183 ($2.34) per share, with a total value of £16,297.98 ($20,828.09). Also, insider Serena Tremlett purchased 3,432 shares of the firm’s stock in a transaction on Tuesday, June 25th. The shares were acquired at an average cost of GBX 183 ($2.34) per share, with a total value of £6,280.56 ($8,026.27). 0.52% of the stock is owned by insiders.

About River and Mercantile UK Micro Cap

River and Mercantile UK Micro Cap Investment Company Limited is a closed-ended equity mutual fund launched by Carne Global AIFM Solutions. The fund is managed by River and Mercantile Asset Management LLP. It invests in the public equity markets of the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.