The European Smaller Companies Trust (LON:ESCT) Trading 0.6% Higher – Time to Buy?

The European Smaller Companies Trust PLC (LON:ESCTGet Free Report)’s share price traded up 0.6% during trading on Thursday . The company traded as high as GBX 239.50 and last traded at GBX 239. 250,208 shares were traded during mid-day trading, a decline of 78% from the average session volume of 1,125,488 shares. The stock had previously closed at GBX 237.50.

The European Smaller Companies Trust Price Performance

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 £817.10 million, a PE ratio of 4.31 and a beta of 1.32. The stock’s 50-day moving average is GBX 235.73 and its two-hundred day moving average is GBX 226.21.

Insider Activity

In other news, insider Kate Cornish Bowden purchased 445 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were purchased at an average price of GBX 245 per share, for a total transaction of £1,090.25. Insiders own 0.08% of the company’s stock.

The European Smaller Companies Trust Company Profile

(Get Free Report)

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.

Further Reading

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