The Global Smaller Companies Trust (LON:GSCT) Shares Up 1.2% - Should You Buy?

Key Points

• The Global Smaller Companies Trust's shares increased by 1.2% on Friday, reaching a last trading price of GBX 170 ($2.26).
• The company has a market capitalization of £744.61 million with a PE ratio of -18.76 and a beta of 1.01.
• The trust aims to provide investors with exposure to the long-term growth potential of small-sized companies by focusing on well-managed and financially robust companies.

The Global Smaller Companies Trust (LON:GSCT - ) shares shot up 1.2% during trading on Friday . The stock traded as high as GBX 170.60 ($2.27) and last traded at GBX 170 ($2.26). 706,919 shares changed hands during mid-day trading, an increase of 20% from the average session volume of 586,942 shares. The stock had previously closed at GBX 168 ($2.24).

The Global Smaller Companies Trust Stock Performance

The company has a fifty day moving average price of GBX 168.26 and a 200 day moving average price of GBX 161.24. The stock has a market cap of £744.61 million, a PE ratio of -18.76 and a beta of 1.01. The company has a quick ratio of 0.64, a current ratio of 0.81 and a debt-to-equity ratio of 5.91.

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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