The European Smaller Companies Trust (LON:ESCT) Reaches New 12-Month High – Still a Buy?

The European Smaller Companies Trust PLC (LON:ESCTGet Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 225 and last traded at GBX 222.70, with a volume of 1048486 shares trading hands. The stock had previously closed at GBX 224.

The European Smaller Companies Trust Price Performance

The company has a debt-to-equity ratio of 11.30, a current ratio of 0.08 and a quick ratio of 0.04. The firm has a market cap of £793.14 million, a price-to-earnings ratio of 9.37 and a beta of 1.25. The stock has a 50-day moving average price of GBX 212.83 and a 200 day moving average price of GBX 213.48.

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

Insider Transactions at The European Smaller Companies Trust

In other The European Smaller Companies Trust news, insider James Williams acquired 15,000 shares of the company’s stock in a transaction on Thursday, November 27th. The shares were bought at an average cost of GBX 208 per share, for a total transaction of £31,200. Also, insider Daniel Burgess bought 18,000 shares of The European Smaller Companies Trust stock in a transaction dated Friday, December 5th. The stock was acquired at an average cost of GBX 211 per share, with a total value of £37,980. Over the last ninety days, insiders have acquired 81,587 shares of company stock worth $16,781,161. Insiders own 0.08% of the company’s stock.

About The European Smaller Companies Trust

(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.

Further Reading

Receive News & Ratings for The European Smaller Companies Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The European Smaller Companies Trust and related companies with MarketBeat.com's FREE daily email newsletter.