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

The European Smaller Companies Trust (LON:ESCT) issued its quarterly earnings data on Tuesday. The company reported GBX 0.73 earnings per share 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 Performance

The European Smaller Companies Trust stock opened at GBX 222 on Tuesday. The European Smaller Companies Trust has a fifty-two week low of GBX 155.45 and a fifty-two week high of GBX 230. The company has a market capitalization of £778.36 million, a price-to-earnings ratio of 9.24 and a beta of 1.25. The stock has a fifty day moving average of GBX 220.67 and a two-hundred day moving average of GBX 214.90. The company has a debt-to-equity ratio of 11.30, a quick ratio of 0.04 and a current ratio of 0.08.

Insiders Place Their Bets

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

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.