The European Smaller Companies Trust (LON:ESCT) Stock Price Down 0.7% – What’s Next?

The European Smaller Companies Trust PLC (LON:ESCTGet Free Report) fell 0.7% on Friday . The stock traded as low as GBX 211 and last traded at GBX 212. 1,319,305 shares changed hands during mid-day trading, an increase of 16% from the average session volume of 1,140,036 shares. The stock had previously closed at GBX 213.50.

The European Smaller Companies Trust Price Performance

The business has a fifty day moving average of GBX 210.25 and a 200-day moving average of GBX 211.64. The company has a current ratio of 0.08, a quick ratio of 0.04 and a debt-to-equity ratio of 11.30. The firm has a market cap of £752.31 million, a PE ratio of 8.83 and a beta of 1.25.

The European Smaller Companies Trust (LON:ESCTGet Free Report) last posted its earnings results on Tuesday, October 21st. The company reported GBX 4.24 earnings per share for the quarter. The European Smaller Companies Trust had a return on equity of 10.91% and a net margin of 87.06%.

Insider Activity at The European Smaller Companies Trust

In other news, insider Stuart Paterson purchased 48,587 shares of The European Smaller Companies Trust stock in a transaction dated Tuesday, November 25th. The stock was purchased at an average cost of GBX 203 per share, for a total transaction of £98,631.61. Also, insider James Williams purchased 15,000 shares of the firm’s stock in a transaction dated Thursday, November 27th. The stock was purchased at an average cost of GBX 208 per share, for a total transaction of £31,200. Over the last 90 days, insiders bought 81,587 shares of company stock valued at $16,781,161. Corporate insiders own 0.07% of the company’s stock.

The European Smaller Companies Trust Company Profile

(Get Free Report)

The Company’s investment objective is to achieve capital growth by investing predominantly in smaller and medium sized companies in Europe. The Company maintains a diversified portfolio. The Company invests 7% of its total assets. The Company invests in equities and other investments for long term, so as to secure its investment objective.

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