The Global Smaller Companies Trust (LON:GSCT) Trading Up 0.4% - Here's Why

Key Points

• The Global Smaller Companies Trust shares rose by 0.4% to GBX 167.60 ($2.28), with trading volume increasing by 219% from the average session volume.
• The company reported a net margin of 845.39% and a return on equity of 77.62%, showcasing strong profitability metrics.
• Current financial ratios indicate a debt-to-equity ratio of 5.91 and a quick ratio of 0.64, suggesting potential liquidity concerns.

The Global Smaller Companies Trust (LON:GSCT - Get Free Report) shot up 0.4% on Wednesday . The company traded as high as GBX 167.60 ($2.26) and last traded at GBX 167.60 ($2.26). 1,938,629 shares were traded during mid-day trading, an increase of 219% from the average session volume of 607,224 shares. The stock had previously closed at GBX 167 ($2.25).

The Global Smaller Companies Trust Stock Performance

The company's 50 day moving average price is GBX 166.63 and its 200-day moving average price is GBX 158.39. The stock has a market cap of £737.11 million, a P/E ratio of -1,849.89 and a beta of 1.01. The company has a debt-to-equity ratio of 5.91, a quick ratio of 0.64 and a current ratio of 0.81.

The Global Smaller Companies Trust (LON:GSCT - Get Free Report) last issued its quarterly earnings data 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.