The Global Smaller Companies Trust (LON:GSCT) Sets New 12-Month High - Time to Buy?

Key Points

• The Global Smaller Companies Trust (LON:GSCT) reached a new 52-week high of GBX 170.20 ($2.29) during trading, marking a notable increase in its stock performance.
• The company has a market capitalization of £813.39 million and reported a significant net margin of 845.39% along with a return on equity of 77.62%.
• The firm emphasizes investing in smaller, well-managed companies globally, focusing on those with strong growth potential and financial robustness.

The Global Smaller Companies Trust (LON:GSCT - Get Free Report)'s share price hit a new 52-week high on Wednesday . The stock traded as high as GBX 170.20 ($2.30) and last traded at GBX 170 ($2.30), with a volume of 430690 shares trading hands. The stock had previously closed at GBX 169.60 ($2.29).

The Global Smaller Companies Trust Stock Performance

The company has a debt-to-equity ratio of 5.91, a current ratio of 0.81 and a quick ratio of 0.64. The firm has a market cap of £811.47 million, a P/E ratio of 1.36 and a beta of 1.01. The stock's 50 day moving average is GBX 164.89 and its two-hundred day moving average is GBX 157.57.

The Global Smaller Companies Trust (LON:GSCT - Get Free Report) last announced its quarterly earnings results on Tuesday, July 1st. The company reported GBX 2.84 EPS for the quarter. The Global Smaller Companies Trust had a net margin of 845.39% and a return on equity of 77.62%.

About The Global Smaller Companies Trust

The Global Smaller Companies Trust seeks to provide investors with exposure to the long-term growth potential within the thousands of smaller sized companies listed on global stock-markets. We focus investment efforts on high quality, well managed, financially robust and profitable companies. In addition to a good track record, we want our holdings to be moving with the times and making the necessary investment in their businesses to take account of the changing world in which we live. Our team-based investment approach allows broad coverage and in-depth analysis of the companies in which we invest.