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

The European Smaller Companies Trust (LON:ESCT) released its quarterly earnings results on Tuesday. The company reported GBX 0.73 earnings per share for the quarter, Digital Look Earnings reports. The European Smaller Companies Trust had a net margin of 87.06% and a return on equity of 10.91%.

The European Smaller Companies Trust Price Performance

The European Smaller Companies Trust stock opened at GBX 223.50 on Thursday. The European Smaller Companies Trust has a 52 week low of GBX 155.45 and a 52 week high of GBX 230. The company’s 50 day moving average price is GBX 221.03 and its two-hundred day moving average price is GBX 214.98. The stock has a market cap of £783.62 million, a P/E ratio of 9.30 and a beta of 1.25. The company has a quick ratio of 0.04, a current ratio of 0.08 and a debt-to-equity ratio of 11.30.

Insider Activity

In other The European Smaller Companies Trust news, insider Daniel Burgess purchased 18,000 shares of the firm’s stock in a transaction that occurred on Friday, December 5th. The stock was bought at an average cost of GBX 211 per share, with a total value of £37,980. 0.05% of the stock is currently owned by corporate 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.