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

The European Smaller Companies Trust (LON:ESCT) issued 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 return on equity of 29.01% and a net margin of 74.11%.

The European Smaller Companies Trust Stock Performance

Shares of ESCT traded down GBX 2 on Thursday, reaching GBX 231. The company’s stock had a trading volume of 442,769 shares, compared to its average volume of 993,701. The stock’s 50 day simple moving average is GBX 235.98 and its two-hundred day simple moving average is GBX 230.22. 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 stock has a market capitalization of £785.59 million, a P/E ratio of 4.16 and a beta of 1.28. The European Smaller Companies Trust has a 12-month low of GBX 193.80 and a 12-month high of GBX 247.21.

Insider Activity

In related news, insider Kate Cornish Bowden acquired 459 shares of The European Smaller Companies Trust stock in a transaction dated Tuesday, September 8th. The stock was purchased at an average cost of GBX 240 per share, for a total transaction of £1,101.60. 0.08% of the stock is currently 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.