The Global Smaller Companies Trust (LON:GSCT) Sets New 12-Month High – Here’s Why

Shares of The Global Smaller Companies Trust (LON:GSCT) hit a new 52-week high during trading on Monday . The company traded as high as GBX 171.20 ($2.28) and last traded at GBX 169.88 ($2.26), with a volume of 29969 shares traded. The stock had previously closed at GBX 170 ($2.26).

The Global Smaller Companies Trust Stock Performance

The stock has a 50-day moving average of GBX 168.26 and a 200 day moving average of GBX 161.56. The company has a debt-to-equity ratio of 5.91, a current ratio of 0.81 and a quick ratio of 0.64. The stock has a market capitalization of £748.29 million, a price-to-earnings ratio of -18.86 and a beta of 1.01.

The Global Smaller Companies Trust Company Profile

The Global Smaller Companies Trust seeks to provide investors with exposure to the long-term growth potential within the thousands of smaller sized companies listed on global stock-markets. We focus investment efforts on high quality, well managed, financially robust and profitable companies. In addition to a good track record, we want our holdings to be moving with the times and making the necessary investment in their businesses to take account of the changing world in which we live.

Our team-based investment approach allows broad coverage and in-depth analysis of the companies in which we invest.