The European Smaller Companies Trust PLC (LON:ESCT - Get Free Report) shares hit a new 52-week high on Thursday . The stock traded as high as GBX 199.40 ($2.70) and last traded at GBX 199.40 ($2.70), with a volume of 815 shares. The stock had previously closed at GBX 195.60 ($2.65).
The European Smaller Companies Trust Stock Down 2.3%
The firm has a market cap of £751.80 million, a price-to-earnings ratio of 8.99 and a beta of 1.25. The firm's 50 day moving average price is GBX 184.52 and its two-hundred day moving average price is GBX 179.61. 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 European Smaller Companies Trust (LON:ESCT - Get Free Report) last announced 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 net margin of 87.06% and a return on equity of 10.91%.
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 given 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 payout ratio is currently 23.57%.
About The European Smaller Companies Trust
(
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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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