The Global Smaller Companies Trust (LON:GSCT) Hits New 12-Month High - Still a Buy?

Key Points

• The Global Smaller Companies Trust (LON:GSCT) reached a new 52-week high of GBX 170.60 ($2.29) during trading, indicating positive market momentum.
• The company reported a net margin of 845.39% and a return on equity of 77.62%, reflecting strong profitability and efficiency in its operations.
• With a current market cap of £749.43 million, the company's volatility is indicated by a beta of 1.01, suggesting average market risk.

The Global Smaller Companies Trust (LON:GSCT - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 170.60 ($2.29) and last traded at GBX 170.52 ($2.29), with a volume of 25116 shares trading hands. The stock had previously closed at GBX 169.60 ($2.28).

The Global Smaller Companies Trust Stock Up 0.5%

The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 5.91. The stock's 50-day moving average is GBX 167.43 and its 200-day moving average is GBX 159.27. The company has a market cap of £749.43 million, a price-to-earnings ratio of -1,880.79 and a beta of 1.01.

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

The Global Smaller Companies Trust Company Profile

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.

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