Numis Securities Ltd reissued their hold rating on shares of River & Mercantile UK Micro Cp Iv Co Ltd (LON:RMMC) in a research note issued to investors on Wednesday. The brokerage currently has a GBX 240 ($2.93) price target on the stock.
Shares of River & Mercantile UK Micro Cp Iv Co (LON:RMMC) opened at 115.975 on Wednesday. The stock has a 50 day moving average of GBX 1.25 and a 200-day moving average of GBX 1.18. River & Mercantile UK Micro Cp Iv Co has a one year low of GBX 102.00 and a one year high of GBX 122.50.
In other news, insider Trudi Clark bought 16,885 shares of the stock in a transaction that occurred on Tuesday, September 27th. The stock was acquired at an average price of GBX 118 ($1.44) per share, with a total value of £19,924.30 ($24,283.12). Also, insider Andrew Chapman bought 10,000 shares of the stock in a transaction that occurred on Monday, October 3rd. The shares were purchased at an average cost of GBX 118 ($1.44) per share, with a total value of £11,800 ($14,381.47).
River & Mercantile UK Micro Cp Iv Co Company Profile
River and Mercantile UK Micro Cap Investment Company Limited is a United Kingdom-based closed-ended investment company. The Fund’s investment objective is that it aims to achieve long term capital growth from investment in a diversified portfolio of the United Kingdom Micro Cap Companies, typically comprising companies with a free float market capitalization of less than approximately British Pounds 100 million at the time of purchase.
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