Shares of The European Smaller Companies Trust PLC (LON:ESCT - Get Free Report) reached a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 199.40 ($2.70) and last traded at GBX 199.40 ($2.70), with a volume of 356729 shares. The stock had previously closed at GBX 197.20 ($2.67).
The European Smaller Companies Trust Stock Up 0.6%
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 company has a market capitalization of £790.85 million, a price-to-earnings ratio of 9.45 and a beta of 1.25. The firm has a 50-day moving average price of GBX 185.86 and a two-hundred day moving average price of GBX 180.41.
The European Smaller Companies Trust (LON:ESCT - Get Free Report) last posted its quarterly earnings data on Thursday, March 20th. The company reported GBX 1.19 ($0.02) earnings per share for the quarter. 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 Cuts Dividend
The company also recently declared a dividend, which was paid on Friday, May 2nd. Shareholders 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 of this dividend was Thursday, April 3rd. The European Smaller Companies Trust's dividend payout ratio (DPR) is currently 23.57%.
The European Smaller Companies Trust Company Profile
(
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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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