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The European Smaller Companies Trust (LON:ESCT) Reaches New 1-Year High - Time to Buy?

The European Smaller Companies Trust logo with Financial Services background

The European Smaller Companies Trust PLC (LON:ESCT - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 190.82 ($2.54) and last traded at GBX 190.82 ($2.54), with a volume of 193944 shares. The stock had previously closed at GBX 187.40 ($2.49).

The European Smaller Companies Trust Trading Up 0.4 %

The company's 50-day moving average is GBX 181.47 and its 200 day moving average is GBX 176.81. 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 £754.95 million, a PE ratio of 9.02 and a beta of 1.25.

The European Smaller Companies Trust (LON:ESCT - Get Free Report) last issued its earnings results 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 disclosed a dividend, which was paid on Friday, May 2nd. Investors of record on Thursday, April 3rd were issued a GBX 1.45 ($0.02) dividend. The ex-dividend date was Thursday, April 3rd. This represents a yield of 0.77%. The European Smaller Companies Trust's dividend payout ratio is currently 23.57%.

The European Smaller Companies Trust Company Profile

(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.

Further Reading

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