The European Smaller Companies Trust (LON:ESCT) Reaches New 52-Week High – Here’s Why

The European Smaller Companies Trust PLC (LON:ESCTGet Free Report) shares reached a new 52-week high on Tuesday . The company traded as high as GBX 239.50 and last traded at GBX 239.50, with a volume of 9084 shares. The stock had previously closed at GBX 236.50.

The European Smaller Companies Trust Stock Performance

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 firm has a market capitalization of £825.26 million, a P/E ratio of 4.32 and a beta of 1.32. The stock’s 50 day moving average is GBX 219.34 and its two-hundred day moving average is GBX 217.50.

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

About The European Smaller Companies Trust

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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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