The Global Smaller Companies Trust (LON:GSCT) Trading 0.5% Higher - Here's What Happened

The Global Smaller Companies Trust (LON:GSCT - Get Free Report) traded up 0.5% during trading on Wednesday . The stock traded as high as GBX 163.40 ($2.03) and last traded at GBX 163 ($2.02). 401,228 shares changed hands during mid-day trading, a decline of 59% from the average session volume of 979,971 shares. The stock had previously closed at GBX 162.20 ($2.01).

The Global Smaller Companies Trust Trading Up 0.9 %

The company has a market capitalization of £828.43 million, a P/E ratio of -2,740.00 and a beta of 1.01. The company has a debt-to-equity ratio of 6.69, a quick ratio of 0.64 and a current ratio of 0.96. The company has a 50-day simple moving average of GBX 164 and a 200 day simple moving average of GBX 164.56.

The Global Smaller Companies Trust (LON:GSCT - Get Free Report) last released its quarterly earnings data on Tuesday, December 17th. The company reported GBX 1.45 ($0.02) earnings per share (EPS) for the quarter.

The Global Smaller Companies Trust Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, January 23rd. Shareholders of record on Tuesday, December 24th were given a GBX 0.70 ($0.01) dividend. This represents a yield of 0.42%. The ex-dividend date was Tuesday, December 24th. The Global Smaller Companies Trust's dividend payout ratio (DPR) is -3,333.33%.

About The Global Smaller Companies Trust

The trust offers investor access to a broadly spread global smaller companies portfolio. The portfolio consists of individual smaller company investments within the US, UK and European markets, and fund holdings targeting smaller companies in Japan, Asia, Latin America and other smaller territories. The dividend of the Company has risen for 53 years in a row, benefiting from a growing income stream from the investment portfolio. Past performance is not a guide to future performance.