The European Smaller Companies Trust PLC (LON:ESCT - Get Free Report)'s stock price rose 0.7% on Monday . The company traded as high as GBX 184.15 ($2.47) and last traded at GBX 183 ($2.46). Approximately 325,859 shares traded hands during trading, a decline of 80% from the average daily volume of 1,605,537 shares. The stock had previously closed at GBX 181.80 ($2.44).
The European Smaller Companies Trust Stock Performance
The stock's fifty day simple moving average is GBX 180.80 and its two-hundred day simple moving average is GBX 176.26. The company has a market cap of £721.82 million, a price-to-earnings ratio of 8.63 and a beta of 1.25. The company has a debt-to-equity ratio of 11.30, a quick ratio of 0.04 and a current ratio of 0.08.
The European Smaller Companies Trust (LON:ESCT - Get Free Report) last issued its earnings results on Thursday, March 20th. The company reported GBX 1.19 ($0.02) earnings per share 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 company also recently announced a dividend, which will be paid on Friday, May 2nd. Investors of record on Thursday, April 3rd will be given a GBX 1.45 ($0.02) dividend. This represents a dividend yield of 0.77%. The ex-dividend date is Thursday, April 3rd. The European Smaller Companies Trust's dividend payout ratio (DPR) is currently 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
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