The European Smaller Companies Trust PLC (LON:ESCT – Get Free Report) traded up 0.6% on Thursday . The stock traded as high as GBX 241 and last traded at GBX 240. 162,338 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 1,072,545 shares. The stock had previously closed at GBX 238.50.
The European Smaller Companies Trust Trading Up 0.6%
The firm has a market cap of £819.72 million, a price-to-earnings ratio of 4.33 and a beta of 1.30. 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 business has a 50-day moving average of GBX 234.92 and a 200-day moving average of GBX 227.58.
Insiders Place Their Bets
In related news, insider Kate Cornish Bowden purchased 445 shares of the stock in a transaction on Tuesday, June 2nd. The shares were purchased at an average price of GBX 245 per share, with a total value of £1,090.25. 0.08% of the stock is currently owned by corporate insiders.
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.
Further Reading
- Five stocks we like better than The European Smaller Companies Trust
- Nutanix’s Rally Has a Bigger Story Than Earnings as AMD’s AI Bet Takes Shape
- SEC Probe Puts Wall Street Leverage Risk Back in Focus
- A Bearish-Dollar Options Surge Raises the Stakes for Warsh at Jackson Hole
- Five Below’s Turnaround Is Working—But Has the Stock Run Too Far?
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.
