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
(
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.
Read More
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
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
