The European Smaller Companies Trust PLC (LON:ESCT - Get Free Report) shares hit a new 52-week high during trading on Thursday . The company traded as high as GBX 197.80 ($2.68) and last traded at GBX 196.90 ($2.67), with a volume of 13472 shares changing hands. The stock had previously closed at GBX 196.80 ($2.67).
The European Smaller Companies Trust Price Performance
The business has a 50-day moving average of GBX 183.89 and a two-hundred day moving average of GBX 178.75. 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 firm has a market cap of £771.52 million, a P/E ratio of 9.22 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) earnings per share (EPS) for the quarter. The European Smaller Companies Trust had a net margin of 87.06% and a return on equity of 10.91%.
The European Smaller Companies Trust Cuts Dividend
The business also recently announced a dividend, which was paid on Friday, May 2nd. Investors of record on Thursday, April 3rd were given a dividend of GBX 1.45 ($0.02) per share. This represents a yield of 0.77%. The ex-dividend date was Thursday, April 3rd. The European Smaller Companies Trust's dividend payout ratio is currently 23.57%.
About The European Smaller Companies Trust
(
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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.
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