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

The European Smaller Companies Trust (LON:ESCT) released its quarterly earnings data 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 net margin of 74.11% and a return on equity of 29.01%.

The European Smaller Companies Trust Stock Down 1.3%

ESCT stock traded down GBX 3 during trading on Thursday, reaching GBX 230. 322,323 shares of the company traded hands, compared to its average volume of 993,064. The company has a debt-to-equity ratio of 5.97, a quick ratio of 0.04 and a current ratio of 0.09. The business has a 50 day simple moving average of GBX 235.98 and a 200 day simple moving average of GBX 230.22. The company has a market capitalization of £782.19 million, a price-to-earnings ratio of 4.14 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.

Insiders Place Their Bets

In related news, insider Kate Cornish Bowden purchased 459 shares of the stock in a transaction that occurred on Tuesday, September 8th. The shares were purchased at an average price of GBX 240 per share, with a total value of £1,101.60. 0.08% 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.