The European Smaller Companies Trust (LON:ESCT) Hits New 1-Year High – Here’s Why

The European Smaller Companies Trust PLC (LON:ESCTGet Free Report)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 235.50 and last traded at GBX 235.50, with a volume of 274123 shares. The stock had previously closed at GBX 232.

The European Smaller Companies Trust Stock Performance

The stock has a market cap of £816.72 million, a P/E ratio of 4.27 and a beta of 0.95. The company has a fifty day moving average of GBX 218.28 and a 200 day moving average of GBX 217.16. The company has a debt-to-equity ratio of 5.97, a current ratio of 0.09 and a quick ratio of 0.04.

The European Smaller Companies Trust (LON:ESCTGet Free Report) last posted its quarterly earnings results on Tuesday, February 24th. The company reported GBX 0.73 earnings per share (EPS) for the quarter. The European Smaller Companies Trust had a return on equity of 29.01% and a net margin of 74.11%.

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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