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The European Smaller Companies Trust (LON:ESCT) Posts Earnings Results

The European Smaller Companies Trust logo with Financial Services background

Key Points

  • The European Smaller Companies Trust (LON:ESCT) reported a quarterly earnings per share (EPS) of GBX 4.24, with a significant net margin of 87.06%.
  • As of the latest results, the stock has a market capitalization of £474.38 million and a current price range between GBX 155.45 and 223.50 over the past year.
  • The Trust's investment strategy focuses on capital growth by investing primarily in smaller and medium-sized companies in Europe.
  • MarketBeat previews the top five stocks to own by November 1st.

The European Smaller Companies Trust (LON:ESCT - Get Free Report) issued its quarterly earnings data on Tuesday. The company reported GBX 4.24 earnings per share (EPS) for the quarter, Digital Look Earnings reports. 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 Stock Performance

Shares of LON:ESCT opened at GBX 208.51 on Tuesday. The European Smaller Companies Trust has a twelve month low of GBX 155.45 and a twelve month high of GBX 223.50. The firm has a market cap of £474.38 million, a PE ratio of -96.98 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 business has a fifty day moving average of GBX 213.07 and a 200-day moving average of GBX 203.56.

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.

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