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 Thursday . The company traded as high as GBX 202.82 ($2.76) and last traded at GBX 201 ($2.74), with a volume of 160125 shares. The stock had previously closed at GBX 201 ($2.74).
The European Smaller Companies Trust Price Performance
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 company's fifty day moving average price is GBX 187.75 and its 200 day moving average price is GBX 181.13. The firm has a market capitalization of £784.93 million, a price-to-earnings ratio of 9.38 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) EPS 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 business also recently announced a dividend, which was paid on Friday, May 2nd. Shareholders of record on Thursday, April 3rd were paid a GBX 1.45 ($0.02) dividend. This represents a yield of 0.77%. The ex-dividend date of this dividend was Thursday, April 3rd. The European Smaller Companies Trust's payout ratio is 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
Before you consider The European Smaller Companies Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and The European Smaller Companies Trust wasn't on the list.
While The European Smaller Companies Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
