The Global Smaller Companies Trust (LON:GSCT) Trading 0.5% Higher - What's Next?

Key Points

• Shares of The Global Smaller Companies Trust (LON:GSCT) rose by 0.5% to trade at GBX 167, despite a 40% drop in trading volume compared to the average.
• The company's latest quarterly earnings report showed earnings per share of GBX 2.84, alongside a remarkable return on equity of 77.62% and a net margin of approximately 845.39%.
• The Global Smaller Companies Trust focuses on investing in high-quality, profitable companies in the global market, aiming for long-term growth potential.

Shares of The Global Smaller Companies Trust (LON:GSCT - Get Free Report) were up 0.5% on Wednesday . The company traded as high as GBX 167.20 ($2.27) and last traded at GBX 167 ($2.27). Approximately 361,830 shares changed hands during trading, a decline of 40% from the average daily volume of 600,449 shares. The stock had previously closed at GBX 166.20 ($2.26).

The Global Smaller Companies Trust Price Performance

The stock has a market capitalization of £802.82 million, a PE ratio of 1.35 and a beta of 1.01. The company has a debt-to-equity ratio of 5.91, a current ratio of 0.81 and a quick ratio of 0.64. The stock's 50 day moving average is GBX 162.79 and its two-hundred day moving average is GBX 157.11.

The Global Smaller Companies Trust (LON:GSCT - Get Free Report) last issued its quarterly earnings results on Tuesday, July 1st. The company reported GBX 2.84 ($0.04) 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%.

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.

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