The European Smaller Companies Trust (LON:ESCT) Reaches New 12-Month High – Should You Buy?

The European Smaller Companies Trust PLC (LON:ESCTGet Free Report) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 235.50 and last traded at GBX 235.50, with a volume of 274123 shares traded. The stock had previously closed at GBX 232.

The European Smaller Companies Trust Trading Up 1.5%

The stock has a market capitalization of £811.48 million, a P/E ratio of 4.24 and a beta of 0.95. 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 50-day moving average price of GBX 217.26 and a 200 day moving average price of GBX 216.83.

The European Smaller Companies Trust (LON:ESCTGet Free Report) last issued its quarterly earnings data on Tuesday, February 24th. The company reported GBX 0.73 earnings per share (EPS) for the quarter. The European Smaller Companies Trust had a net margin of 74.11% and a return on equity of 29.01%.

About The European Smaller Companies Trust

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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.

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