The European Smaller Companies Trust (LON:ESCT) Shares Up 0.9% – Should You Buy?

Shares of The European Smaller Companies Trust PLC (LON:ESCT) rose 0.9% during trading on Wednesday. The stock traded as high as GBX 228.50 and last traded at GBX 228. 619,370 shares were traded during mid-day trading, a decline of 40% from the average daily volume of 1,039,057 shares. The stock had previously closed at GBX 226.

The European Smaller Companies Trust Price Performance

The company has a debt-to-equity ratio of 9.38, a quick ratio of 0.04 and a current ratio of 0.07. The stock’s 50-day moving average is GBX 228.72 and its two-hundred day moving average is GBX 227.99. The stock has a market cap of £766.37 million, a PE ratio of 6.38 and a beta of 1.28.

The European Smaller Companies Trust (LON:ESCT) last announced its earnings results on Wednesday, September 30th. The company reported GBX 5.30 earnings per share (EPS) for the quarter. The European Smaller Companies Trust had a return on equity of 13.22% and a net margin of 92.80%.

Insider Activity at The European Smaller Companies Trust

In other news, insider Kate Cornish Bowden acquired 459 shares of the company’s stock in a transaction dated Tuesday, September 8th. The stock was acquired at an average cost of GBX 240 per share, with a total value of £1,101.60. 0.10% of the stock is currently owned by corporate insiders.

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.