The European Smaller Companies Trust (LON:ESCT) Shares Up 0.6% – Here’s What Happened

The European Smaller Companies Trust PLC (LON:ESCT)’s stock price was up 0.6% during trading on Thursday . The stock traded as high as GBX 241 and last traded at GBX 240. Approximately 162,338 shares changed hands during mid-day trading, a decline of 85% from the average session volume of 1,072,545 shares. The stock had previously closed at GBX 238.50.

The European Smaller Companies Trust Stock Up 0.7%

The company has a market capitalization of £825.71 million, a PE ratio of 4.36 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 company has a 50-day moving average of GBX 234.97 and a two-hundred day moving average of GBX 227.68.

Insider Activity at The European Smaller Companies Trust

In related news, insider Kate Cornish Bowden acquired 445 shares of the stock in a transaction dated Tuesday, June 2nd. The shares were purchased at an average cost of GBX 245 per share, with a total value of £1,090.25. 0.08% of the stock is owned by company 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.