The Global Smaller Companies Trust (LON:GSCT) Stock Price Up 0.3% – What’s Next?

The Global Smaller Companies Trust (LON:GSCT)’s stock price traded up 0.3% during mid-day trading on Wednesday . The company traded as high as GBX 160.60 ($2.16) and last traded at GBX 159.80 ($2.14). 445,397 shares traded hands during mid-day trading, a decline of 32% from the average session volume of 651,105 shares. The stock had previously closed at GBX 159.40 ($2.14).

The Global Smaller Companies Trust Trading Up 0.3%

The firm has a market cap of £768.20 million, a P/E ratio of 1.29 and a beta of 1.01. The business’s 50 day moving average is GBX 153.55 and its 200-day moving average is GBX 157.23. The company has a quick ratio of 0.64, a current ratio of 0.81 and a debt-to-equity ratio of 5.91.

Insiders Place Their Bets

In other news, insider Graham Oldroyd acquired 13,916 shares of the stock in a transaction that occurred on Monday, April 14th. The stock was purchased at an average cost of GBX 143 ($1.92) per share, with a total value of £19,899.88 ($26,704.08). 4.50% of the stock is owned by company insiders.

About The Global Smaller Companies Trust

The Global Smaller Companies Trust seeks to provide investors with exposure to the long-term growth potential within the thousands of smaller sized companies listed on global stock-markets. We focus investment efforts on high quality, well managed, financially robust and profitable companies. In addition to a good track record, we want our holdings to be moving with the times and making the necessary investment in their businesses to take account of the changing world in which we live.

Our team-based investment approach allows broad coverage and in-depth analysis of the companies in which we invest.