The European Smaller Companies Trust (LON:ESCT) Shares Down 1% - What's Next?

Key Points

• The European Smaller Companies Trust PLC (LON:ESCT) experienced a 1% decline in shares, trading at GBX 208.50 ($2.78) after fluctuating during the day.
• The company has a notably high debt-to-equity ratio of 11.30, indicating significant leverage, alongside a market capitalization of £478.29 million.
• ESCT's investment strategy focuses on achieving capital growth primarily through investments in smaller and medium-sized companies across Europe, maintaining a diversified portfolio.

The European Smaller Companies Trust PLC (LON:ESCT - ) fell 1% during mid-day trading on Tuesday . The company traded as low as GBX 207 ($2.76) and last traded at GBX 208.50 ($2.78). 1,180,242 shares were traded during mid-day trading, an increase of 18% from the average session volume of 997,039 shares. The stock had previously closed at GBX 210.50 ($2.80).

The European Smaller Companies Trust Stock Performance

The company has a quick ratio of 0.04, a current ratio of 0.08 and a debt-to-equity ratio of 11.30. The firm has a 50-day moving average price of GBX 213.74 and a 200 day moving average price of GBX 202.54. The firm has a market capitalization of £478.29 million, a PE ratio of -9,777.91 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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