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The European Smaller Companies Trust (LON:ESCT) Sets New 1-Year High - Should You Buy?

The European Smaller Companies Trust logo with Financial Services background

The European Smaller Companies Trust PLC (LON:ESCT - Get Free Report)'s stock price hit a new 52-week high during trading on Thursday . The company traded as high as GBX 223 ($3.03) and last traded at GBX 223 ($3.03), with a volume of 134389 shares traded. The stock had previously closed at GBX 219.50 ($2.98).

The European Smaller Companies Trust Price Performance

The firm's 50 day simple moving average is GBX 203.69 and its two-hundred day simple moving average is GBX 188.93. The firm has a market capitalization of £871.71 million, a P/E ratio of 10.42 and a beta of 1.25. The company has a debt-to-equity ratio of 11.30, a current ratio of 0.08 and a quick ratio of 0.04.

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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