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

The European Smaller Companies Trust (LON:ESCT) posted its quarterly earnings data on Tuesday. The company reported GBX 0.73 earnings per share (EPS) for the quarter, Digital Look Earnings reports. The European Smaller Companies Trust had a net margin of 87.06% and a return on equity of 10.91%.

The European Smaller Companies Trust Stock Down 0.2%

ESCT stock opened at GBX 222.16 on Tuesday. The European Smaller Companies Trust has a twelve month low of GBX 155.45 and a twelve month high of GBX 230. The company has a quick ratio of 0.04, a current ratio of 0.08 and a debt-to-equity ratio of 11.30. The company has a market cap of £778.92 million, a PE ratio of 9.25 and a beta of 1.25. The business’s 50-day simple moving average is GBX 220.67 and its 200 day simple moving average is GBX 214.90.

Insider Activity at The European Smaller Companies Trust

In other news, insider Daniel Burgess acquired 18,000 shares of the stock in a transaction dated Friday, December 5th. The shares were acquired at an average cost of GBX 211 per share, for a total transaction of £37,980. Also, insider James Williams bought 15,000 shares of the business’s stock in a transaction that occurred on Thursday, November 27th. The stock was purchased at an average price of GBX 208 per share, with a total value of £31,200. Corporate insiders own 0.05% of the company’s stock.

About The European Smaller Companies Trust

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.