The European Smaller Companies Trust (LON:ESCT) Announces Quarterly Earnings Results

The European Smaller Companies Trust (LON:ESCT) posted its quarterly earnings data on Wednesday. The company reported GBX 5.30 EPS for the quarter, Digital Look Earnings reports. The European Smaller Companies Trust had a net margin of 74.11% and a return on equity of 29.01%.

The European Smaller Companies Trust Stock Down 0.2%

Shares of ESCT stock traded down GBX 0.50 during trading hours on Wednesday, hitting GBX 233. 5,673,380 shares of the company’s stock traded hands, compared to its average volume of 1,023,693. The company has a quick ratio of 0.04, a current ratio of 0.09 and a debt-to-equity ratio of 5.97. The stock’s fifty day simple moving average is GBX 236 and its two-hundred day simple moving average is GBX 230.06. The European Smaller Companies Trust has a 12-month low of GBX 193.80 and a 12-month high of GBX 247.21. The stock has a market cap of £792.40 million, a price-to-earnings ratio of 4.20 and a beta of 1.28.

Insider Buying and Selling at The European Smaller Companies Trust

In related news, insider Kate Cornish Bowden purchased 459 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The shares were bought at an average price of GBX 240 per share, for a total transaction of £1,101.60. 0.08% of the stock is owned by insiders.

The European Smaller Companies Trust Company Profile

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.