Shares of The European Smaller Companies Trust PLC (LON:ESCT - Get Free Report) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 155.45 ($2.03) and last traded at GBX 159 ($2.08), with a volume of 178163 shares traded. The stock had previously closed at GBX 168 ($2.20).
The European Smaller Companies Trust Price Performance
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 stock has a 50-day moving average price of GBX 181.26 and a 200 day moving average price of GBX 176.05. The stock has a market capitalization of £676.07 million, a price-to-earnings ratio of 8.08 and a beta of 1.25.
The European Smaller Companies Trust (LON:ESCT - Get Free Report) last issued its quarterly earnings data on Thursday, March 20th. The company reported GBX 1.19 ($0.02) EPS for the quarter. The European Smaller Companies Trust had a return on equity of 10.91% and a net margin of 87.06%.
The European Smaller Companies Trust Cuts Dividend
The business also recently declared a dividend, which will be paid on Friday, May 2nd. Investors of record on Thursday, April 3rd will be issued a GBX 1.45 ($0.02) dividend. This represents a yield of 0.77%. The ex-dividend date is Thursday, April 3rd. The European Smaller Companies Trust's payout ratio is presently 23.57%.
About The European Smaller Companies Trust
(
Get Free Report)
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.
Further Reading
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
Like this article? Share it with a colleague.
Link copied to clipboard.
