The Global Smaller Companies Trust (LON:GSCT) Hits New 12-Month High – Here’s What Happened

The Global Smaller Companies Trust (LON:GSCT)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 198.60 and last traded at GBX 195.79, with a volume of 108025 shares traded. The stock had previously closed at GBX 195.80.

The Global Smaller Companies Trust Price Performance

The firm has a market cap of £808.49 million, a price-to-earnings ratio of 5.78 and a beta of 1.19. The company has a quick ratio of 0.64, a current ratio of 2.10 and a debt-to-equity ratio of 6.18. The company’s 50-day moving average price is GBX 193.78 and its 200-day moving average price is GBX 188.32.

The Global Smaller Companies Trust (LON:GSCT) last posted its quarterly earnings data on Friday, June 26th. The company reported GBX 8.97 EPS for the quarter. The business had revenue of GBX 1,641 million during the quarter. The Global Smaller Companies Trust had a net margin of 228.40% and a return on equity of 17.88%.

The Global Smaller Companies Trust Company Profile

The Global Smaller Companies Trust seeks to provide investors with exposure to the long-term growth potential within the thousands of smaller sized companies listed on global stock-markets. We focus investment efforts on high quality, well managed, financially robust and profitable companies. In addition to a good track record, we want our holdings to be moving with the times and making the necessary investment in their businesses to take account of the changing world in which we live.

Our team-based investment approach allows broad coverage and in-depth analysis of the companies in which we invest.