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24.6% Return Seen to Date on SmarTrend Royce Micro-Cap Trust Call (RMT)

By James Quinn

SmarTrend identified an Uptrend for Royce Micro-Cap Trust (NYSE:RMT) on March 2nd, 2016 at $6.81. In approximately 14 months, Royce Micro-Cap Trust has returned 24.58% as of today's recent price of $8.48.

In the past 52 weeks, shares of Royce Micro-Cap Trust have traded between a low of $5.95 and a high of $9.81 and are now at $8.48, which is 42% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 1.1%.

Royce Micro-Cap Trust, Inc. is a closed-end management investment company incorporated in the USA. The Fund's objective is long-term growth of capital. The Fund invests in a broadly diversified portfolio of micro-cap stocks, which are companies with market caps less than $500 million using a value approach.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Royce Micro-Cap Trust shares.

Log in and add Royce Micro-Cap Trust (RMT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights royce micro-cap trust

Ticker(s): RMT