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

The European Smaller Companies Trust (LON:ESCT) posted its earnings results on Wednesday. The company reported GBX 5.30 EPS 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 Price Performance

ESCT stock traded down GBX 0.50 during mid-day trading on Wednesday, reaching GBX 233. 5,673,380 shares of the company’s stock were exchanged, compared to its average volume of 1,023,693. The company has a debt-to-equity ratio of 5.97, a current ratio of 0.09 and a quick ratio of 0.04. The European Smaller Companies Trust has a 12-month low of GBX 193.80 and a 12-month high of GBX 247.21. The stock’s 50 day moving average is GBX 236 and its 200 day moving average is GBX 230.06. The company has a market cap of £792.40 million, a price-to-earnings ratio of 4.20 and a beta of 1.28.

Insider Activity at The European Smaller Companies Trust

In other The European Smaller Companies Trust news, insider Kate Cornish Bowden acquired 459 shares of the business’s stock in a transaction dated Tuesday, September 8th. The stock was acquired at an average cost of GBX 240 per share, for a total transaction of £1,101.60. 0.08% of the stock is owned by company insiders.

The European Smaller Companies Trust Company Profile

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.