The European Smaller Companies Trust (LON:ESCT) Shares Down 0.2% - Time to Sell?

Key Points

• The European Smaller Companies Trust (LON:ESCT) shares fell by 0.2% to GBX 214 ($2.89) during recent trading, with a significant drop in trading volume of 86% compared to the average.
• The company's debt-to-equity ratio stands at 11.30, with a current ratio of only 0.08, indicating potential liquidity concerns.
• The trust aims for capital growth through investments in smaller and mid-sized European companies, maintaining a diversified portfolio.

The European Smaller Companies Trust PLC (LON:ESCT - ) shares were down 0.2% during trading on Friday . The stock traded as low as GBX 214 ($2.89) and last traded at GBX 214 ($2.89). Approximately 149,384 shares traded hands during trading, a decline of 86% from the average daily volume of 1,039,153 shares. The stock had previously closed at GBX 214.50 ($2.90).

The European Smaller Companies Trust Price Performance

The firm has a fifty day simple moving average of GBX 214.59 and a 200 day simple moving average of GBX 196.37. 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 has a market capitalization of £486.88 million, a PE ratio of -9,953.49 and a beta of 1.25.

The European Smaller Companies Trust Company Profile

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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