Free Trial

The European Smaller Companies Trust (LON:ESCT) Trading Down 2.2% - Here's What Happened

The European Smaller Companies Trust logo with Financial Services background

Shares of The European Smaller Companies Trust PLC (LON:ESCT - Get Free Report) were down 2.2% during trading on Thursday . The stock traded as low as GBX 166.10 ($2.15) and last traded at GBX 166.10 ($2.15). Approximately 183,475 shares changed hands during mid-day trading, a decline of 69% from the average daily volume of 594,638 shares. The stock had previously closed at GBX 169.80 ($2.20).

The European Smaller Companies Trust Price Performance

The stock has a market capitalization of £653.96 million, a PE ratio of 790.05 and a beta of 1.25. The company has a current ratio of 0.08, a quick ratio of 0.04 and a debt-to-equity ratio of 11.30. The company's 50 day simple moving average is GBX 174.94 and its 200 day simple moving average is GBX 178.95.

The European Smaller Companies Trust Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, October 31st will be paid a GBX 3.35 ($0.04) dividend. This is a boost from The European Smaller Companies Trust's previous dividend of $1.45. This represents a yield of 1.88%. The ex-dividend date is Thursday, October 31st. The European Smaller Companies Trust's payout ratio is presently 2,380.95%.

About The European Smaller Companies Trust

(Get Free Report)

TR European Growth Trust PLC is a closed-ended equity mutual fund launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in the public equity markets of Europe. It seeks to invest in stocks of companies operating across diversified sectors.

Featured Articles

Should you invest $1,000 in The European Smaller Companies Trust right now?

Before you consider The European Smaller Companies Trust, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and The European Smaller Companies Trust wasn't on the list.

While The European Smaller Companies Trust currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed Investors Cover

As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Alphabet Gaining Momentum: Can It Reach $200 by December?

Alphabet Gaining Momentum: Can It Reach $200 by December?

Alphabet (GOOGL) is in the midst of a year-end rally, climbing 10% since September, and some analysts predict it could gain another 30% by Christmas!

Recent Videos

ISRG Stock Surges: AI and Healthcare Innovation at the Core
Energy Vault’s 100% Stock Jump: CEO Discusses $350M Project in Australia in MarketBeat CEO Series
Market Shifts After Election: What Stocks Could Benefit Most?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines