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

The European Smaller Companies Trust Trading Down 0.4%

ESCT traded down GBX 1.02 during trading on Thursday, hitting GBX 231.98. The company’s stock had a trading volume of 235,552 shares, compared to its average volume of 992,605. 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 cap of £788.92 million, a PE ratio of 4.18 and a beta of 1.28. The firm’s 50 day moving average price is GBX 235.98 and its 200-day moving average price is GBX 230.22. The European Smaller Companies Trust has a twelve month low of GBX 193.80 and a twelve month high of GBX 247.21.

Insider Activity at The European Smaller Companies Trust

In other news, insider Kate Cornish Bowden bought 459 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The shares were acquired at an average cost of GBX 240 per share, with a total value 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.