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

The European Smaller Companies Trust (LON:ESCT) released its earnings results on Wednesday. The company reported GBX 5.30 EPS for the quarter, Digital Look Earnings reports. 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 Stock Performance

Shares of ESCT stock traded down GBX 0.38 during trading hours on Wednesday, hitting GBX 233.12. The company’s stock had a trading volume of 208,357 shares, compared to its average volume of 994,623. The European Smaller Companies Trust has a 12-month low of GBX 193.80 and a 12-month high of GBX 247.21. 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 stock has a market cap of £792.82 million, a PE ratio of 4.20 and a beta of 1.28. The company has a 50 day moving average of GBX 236 and a 200 day moving average of GBX 230.06.

Insider Buying and Selling

In other news, insider Kate Cornish Bowden bought 459 shares of the business’s stock in a transaction dated Tuesday, September 8th. The stock was purchased at an average cost of GBX 240 per share, with a total value of £1,101.60. 0.08% of the stock is currently owned by company 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.