The Global Smaller Companies Trust (LON:GSCT) Hits New 52-Week High – Time to Buy?

The Global Smaller Companies Trust (LON:GSCT)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 172.37 and last traded at GBX 172, with a volume of 1259964 shares traded. The stock had previously closed at GBX 169.20.

The Global Smaller Companies Trust Stock Performance

The company has a market cap of £757.32 million, a price-to-earnings ratio of -19.25 and a beta of 1.01. The company has a debt-to-equity ratio of 5.91, a current ratio of 0.81 and a quick ratio of 0.64. The stock has a 50-day moving average price of GBX 168.01 and a 200 day moving average price of GBX 165.57.

The Global Smaller Companies Trust Company Profile

The Global Smaller Companies Trust seeks to provide investors with exposure to the long-term growth potential within the thousands of smaller sized companies listed on global stock-markets. We focus investment efforts on high quality, well managed, financially robust and profitable companies. In addition to a good track record, we want our holdings to be moving with the times and making the necessary investment in their businesses to take account of the changing world in which we live.

Our team-based investment approach allows broad coverage and in-depth analysis of the companies in which we invest.