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

The European Smaller Companies Trust (LON:ESCT) released its earnings results on Wednesday. The company reported GBX 5.30 earnings per share (EPS) for the quarter, Digital Look Earnings reports. The European Smaller Companies Trust had a net margin of 92.80% and a return on equity of 13.22%.

The European Smaller Companies Trust Trading Down 0.9%

ESCT stock traded down GBX 2 during midday trading on Thursday, reaching GBX 231. The company’s stock had a trading volume of 442,769 shares, compared to its average volume of 993,701. The business’s 50-day simple moving average is GBX 235.98 and its 200-day simple moving average is GBX 230.38. The company has a quick ratio of 0.04, a current ratio of 0.07 and a debt-to-equity ratio of 9.38. The European Smaller Companies Trust has a 52 week low of GBX 193.80 and a 52 week high of GBX 247.21. The stock has a market cap of £785.59 million, a PE ratio of 4.16 and a beta of 1.28.

Insider Buying and Selling at The European Smaller Companies Trust

In related news, insider Kate Cornish Bowden purchased 459 shares of The European Smaller Companies Trust stock in a transaction dated Tuesday, September 8th. The shares were acquired at an average cost of GBX 240 per share, for a total transaction of £1,101.60. 0.08% of the stock is currently 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.