The Global Smaller Companies Trust (LON:GSCT) Issues Quarterly Earnings Results

The Global Smaller Companies Trust (LON:GSCT) posted its earnings results on Friday. The company reported GBX 8.97 earnings per share for the quarter, Digital Look Earnings reports. The Global Smaller Companies Trust had a positive return on equity of 6.59% and a negative net margin of 167.10%.The business had revenue of GBX 1,641 million during the quarter.

The Global Smaller Companies Trust Price Performance

Shares of The Global Smaller Companies Trust stock traded down GBX 1.17 on Friday, reaching GBX 193.83. The stock had a trading volume of 203,272 shares, compared to its average volume of 835,590. The business’s 50 day moving average is GBX 189.25 and its two-hundred day moving average is GBX 184.28. The company has a current ratio of 1.21, a quick ratio of 0.64 and a debt-to-equity ratio of 6.23. The Global Smaller Companies Trust has a 1 year low of GBX 159.40 and a 1 year high of GBX 196. The company has a market cap of £805.48 million, a P/E ratio of 15.43 and a beta of 1.22.

About The Global Smaller Companies Trust

The Global Smaller Companies Trust seeks to provide investors with exposure to the long-term growth potential within the thousands of smaller sized companies listed on global stock-markets. We focus investment efforts on high quality, well managed, financially robust and profitable companies. In addition to a good track record, we want our holdings to be moving with the times and making the necessary investment in their businesses to take account of the changing world in which we live.

Our team-based investment approach allows broad coverage and in-depth analysis of the companies in which we invest.