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

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

The European Smaller Companies Trust Stock Down 0.2%

LON ESCT traded down GBX 0.50 during trading on Wednesday, hitting GBX 233. 5,673,380 shares of the company traded hands, compared to its average volume of 1,023,693. The company has a current ratio of 0.09, a quick ratio of 0.04 and a debt-to-equity ratio of 5.97. The company has a market capitalization of £792.40 million, a P/E ratio of 4.20 and a beta of 1.28. The business has a fifty day simple moving average of GBX 236 and a 200 day simple moving average of 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.

Insider Buying and Selling at The European Smaller Companies Trust

In other The European Smaller Companies Trust news, insider Kate Cornish Bowden purchased 459 shares of the stock in a transaction dated Tuesday, September 8th. The shares were bought at an average cost of GBX 240 per share, with a total value of £1,101.60. Insiders own 0.08% of the company’s stock.

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.