The Global Smaller Companies Trust (LON:GSCT) Reaches New 52-Week High – Time to Buy?

The Global Smaller Companies Trust (LON:GSCT)’s share price reached a new 52-week high on Monday . The stock traded as high as GBX 196 and last traded at GBX 195.40, with a volume of 1278898 shares. The stock had previously closed at GBX 193.22.

The Global Smaller Companies Trust Stock Performance

The company has a market capitalization of £799.30 million, a P/E ratio of 15.31 and a beta of 1.22. The stock’s fifty day moving average price is GBX 188.87 and its 200-day moving average price is GBX 183.92. The company has a debt-to-equity ratio of 6.23, a quick ratio of 0.64 and a current ratio of 1.21.

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.