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

The European Smaller Companies Trust (LON:ESCT) announced 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 net margin of 74.11% and a return on equity of 29.01%.

The European Smaller Companies Trust Trading Down 0.8%

Shares of LON:ESCT opened at GBX 231.22 on Thursday. The company has a market cap of £786.33 million, a P/E ratio of 4.17 and a beta of 1.28. The stock’s 50-day moving average is GBX 235.98 and its 200-day moving average is GBX 230.22. The European Smaller Companies Trust has a 52-week low of GBX 193.80 and a 52-week high of GBX 247.21. The company has a debt-to-equity ratio of 5.97, a quick ratio of 0.04 and a current ratio of 0.09.

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 that occurred on Tuesday, September 8th. The stock was acquired at an average price of GBX 240 per share, with a total value of £1,101.60. Insiders own 0.08% of the company’s stock.

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.