The European Smaller Companies Trust PLC (LON:ESCT – Get Free Report)’s stock price shot up 0.6% during mid-day trading on Thursday . The company traded as high as GBX 239.50 and last traded at GBX 239. 250,208 shares traded hands during mid-day trading, a decline of 78% from the average daily volume of 1,125,488 shares. The stock had previously closed at GBX 237.50.
The European Smaller Companies Trust Stock Performance
The company has a market cap of £817.10 million, a P/E ratio of 4.31 and a beta of 1.32. 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 business has a 50-day moving average of GBX 235.73 and a two-hundred day moving average of GBX 226.21.
Insiders Place Their Bets
In related news, insider Kate Cornish Bowden acquired 445 shares of the stock in a transaction dated Tuesday, June 2nd. The stock was acquired at an average cost of GBX 245 per share, for a total transaction of £1,090.25. 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.
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