The Global Smaller Companies Trust (LON:GSCT) Stock Price Up 0.3% - Still a Buy?

The Global Smaller Companies Trust (LON:GSCT - Get Free Report) shares traded up 0.3% on Wednesday . The stock traded as high as GBX 160.60 ($2.16) and last traded at GBX 159.80 ($2.15). 445,397 shares traded hands during trading, a decline of 32% from the average session volume of 651,105 shares. The stock had previously closed at GBX 159.40 ($2.14).

The Global Smaller Companies Trust Price Performance

The firm has a 50-day simple moving average of GBX 154.30 and a two-hundred day simple moving average of GBX 157.03. The company has a market capitalization of £769.17 million, a price-to-earnings ratio of 1.29 and a beta of 1.01. The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 5.91.

Insider Buying and Selling

In other news, insider Graham Oldroyd acquired 13,916 shares of the company's stock in a transaction dated Monday, April 14th. The shares were acquired at an average price of GBX 143 ($1.92) per share, with a total value of £19,899.88 ($26,714.83). 4.50% of the stock is owned by corporate insiders.

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.