The European Smaller Companies Trust (LON:ESCT) Shares Up 0.6% – Here’s What Happened

Shares of The European Smaller Companies Trust PLC (LON:ESCT) rose 0.6% during trading on Thursday . The stock traded as high as GBX 239.50 and last traded at GBX 239. Approximately 250,208 shares changed hands during mid-day trading, a decline of 78% from the average daily volume of 1,125,488 shares. The stock had previously closed at GBX 237.50.

The European Smaller Companies Trust Stock Performance

The company has a current ratio of 0.09, a quick ratio of 0.04 and a debt-to-equity ratio of 5.97. The stock has a market cap of £818.01 million, a price-to-earnings ratio of 4.32 and a beta of 1.32. The stock’s 50 day moving average is GBX 235.64 and its two-hundred day moving average is GBX 226.30.

Insider Buying and Selling at The European Smaller Companies Trust

In related news, insider Kate Cornish Bowden bought 445 shares of the stock in a transaction on Tuesday, June 2nd. The shares were bought at an average cost of GBX 245 per share, for a total transaction of £1,090.25. Company insiders own 0.08% of the company’s stock.

About The European Smaller Companies Trust

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.