The European Smaller Companies Trust (LON:ESCT) Shares Down 0.3% - Should You Sell?

Shares of The European Smaller Companies Trust PLC (LON:ESCT - Get Free Report) traded down 0.3% on Friday . The company traded as low as GBX 182.20 ($2.31) and last traded at GBX 182.20 ($2.31). 223,536 shares were traded during mid-day trading, a decline of 93% from the average session volume of 3,034,738 shares. The stock had previously closed at GBX 182.80 ($2.32).

The European Smaller Companies Trust Price Performance

The firm has a 50-day simple moving average of GBX 177.01 and a 200-day simple moving average of GBX 174.90. The firm has a market capitalization of £725.76 million, a PE ratio of 8.68 and a beta of 1.25. The company has a debt-to-equity ratio of 11.30, a current ratio of 0.08 and a quick ratio of 0.04.

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.