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

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

The European Smaller Companies Trust Stock Up 1.5%

The company has a 50-day moving average of GBX 217.26 and a 200-day moving average of GBX 216.83. The company has a market capitalization of £811.48 million, a price-to-earnings 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 European Smaller Companies Trust (LON:ESCT) last announced its earnings results on Tuesday, February 24th. The company reported GBX 0.73 earnings per share (EPS) for the quarter. 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 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.