The European Smaller Companies Trust (LON:ESCT) Stock Price Up 0.5% - Should You Buy?

Key Points

• The European Smaller Companies Trust's share price increased by 0.5%, trading between GBX 215.50 ($2.88) and GBX 217 ($2.90) during the day.
• With a market capitalization of £855.93 million, the trust has a P/E ratio of 10.23 and a low quick ratio of 0.04, indicating financial liquidity concerns.
• The trust focuses on achieving capital growth by investing predominantly in smaller and medium-sized companies in Europe, maintaining a diversified portfolio.

The European Smaller Companies Trust PLC (LON:ESCT - Get Free Report)'s share price was up 0.5% during trading on Tuesday . The company traded as high as GBX 217 ($2.92) and last traded at GBX 215.50 ($2.90). Approximately 141,442 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 1,117,119 shares. The stock had previously closed at GBX 214.50 ($2.88).

The European Smaller Companies Trust Trading Up 0.5%

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's 50 day simple moving average is GBX 208.53 and its two-hundred day simple moving average is GBX 191.78. The stock has a market cap of £859.87 million, a P/E ratio of 10.28 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.