The European Smaller Companies Trust (LON:ESCT) Posts Quarterly Earnings Results

The European Smaller Companies Trust (LON:ESCT – Get Free Report) posted its earnings results on Wednesday. The company reported GBX 5.30 earnings per share for the quarter, Digital Look Earnings reports. The European Smaller Companies Trust had a return on equity of 29.01% and a net margin of 74.11%.

The European Smaller Companies Trust Stock Performance

Shares of LON:ESCT traded down GBX 2 on Thursday, hitting GBX 231. The company had a trading volume of 442,769 shares, compared to its average volume of 993,701. The stock has a market cap of £785.59 million, a price-to-earnings ratio of 4.16 and a beta of 1.28. The stock has a 50 day moving average price of GBX 235.98 and a 200 day moving average price of GBX 230.22. The European Smaller Companies Trust has a 1-year low of GBX 193.80 and a 1-year high of GBX 247.21. The company has a current ratio of 0.09, a quick ratio of 0.04 and a debt-to-equity ratio of 5.97.

Insider Activity at The European Smaller Companies Trust

In related news, insider Kate Cornish Bowden acquired 459 shares of the business’s stock in a transaction on Tuesday, September 8th. The stock was purchased at an average cost of GBX 240 per share, for a total transaction of £1,101.60. Insiders own 0.08% of the company’s stock.

The European Smaller Companies Trust Company Profile

(Get Free Report)

The Company’s investment objective is to achieve capital growth by investing predominantly in smaller and medium sized companies in Europe. The Company maintains a diversified portfolio. The Company invests 7% of its total assets. The Company invests in equities and other investments for long term, so as to secure its investment objective.

See Also

Earnings History for The European Smaller Companies Trust (LON:ESCT)

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