Shares of The European Smaller Companies Trust PLC (LON:ESCT – Get Free Report) rose 1.1% during mid-day trading on Wednesday. The stock traded as high as GBX 223.50 and last traded at GBX 223.50. 1,161,570 shares traded hands during trading, an increase of 19% from the average daily volume of 972,415 shares. The stock had previously closed at GBX 221.
The European Smaller Companies Trust Stock Performance
The stock has a market capitalization of £744.14 million, a price-to-earnings ratio of 6.13 and a beta of 1.28. The company has a quick ratio of 0.04, a current ratio of 0.07 and a debt-to-equity ratio of 9.38. The stock’s 50-day simple moving average is GBX 232.99 and its 200 day simple moving average is GBX 232.81.
The European Smaller Companies Trust (LON:ESCT – Get Free Report) last posted its quarterly earnings data on Wednesday, September 30th. The company reported GBX 5.30 earnings per share for the quarter. The European Smaller Companies Trust had a net margin of 92.80% and a return on equity of 13.22%.
Insider Buying and Selling
In other The European Smaller Companies Trust news, insider Kate Cornish Bowden bought 459 shares of the stock in a transaction on Tuesday, September 8th. The stock was purchased at an average price of GBX 240 per share, with a total value of £1,101.60. Corporate insiders own 0.08% of the company’s stock.
The European Smaller Companies Trust Company Profile
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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