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

The European Smaller Companies Trust (LON:ESCT) released 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 Stock Down 0.2%

ESCT stock traded down GBX 0.50 during midday trading on Wednesday, hitting GBX 233. The stock had a trading volume of 5,673,380 shares, compared to its average volume of 1,023,693. The business has a 50-day moving average of GBX 235.98 and a two-hundred day moving average of GBX 230.22. 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 firm has a market cap of £792.40 million, a price-to-earnings ratio of 4.20 and a beta of 1.28. The European Smaller Companies Trust has a 52-week low of GBX 193.80 and a 52-week high of GBX 247.21.

Insider Buying and Selling

In other The European Smaller Companies Trust news, insider Kate Cornish Bowden bought 459 shares of the company’s stock in a transaction dated Tuesday, September 8th. The shares were purchased at an average price of GBX 240 per share, for a total transaction of £1,101.60. Corporate 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.