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)'s share price traded up 0.4% on Wednesday . The company traded as high as GBX 167.60 ($2.27) and last traded at GBX 167.60 ($2.27). 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 ($2.26).

The Global Smaller Companies Trust Price Performance

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 has a market cap of £742.39 million, a price-to-earnings ratio of -1,863.13 and a beta of 1.01. The stock has a 50-day moving average price of GBX 166.55 and a two-hundred day moving average price of GBX 158.25.

The Global Smaller Companies Trust (LON:GSCT - Get Free Report) last posted 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 return on equity of 77.62% and a net margin of 845.39%.

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.