The European Smaller Companies Trust (LON:ESCT) Stock Jumps 1.1% – Time to Buy?

The European Smaller Companies Trust PLC (LON:ESCT)’s stock price shot up 1.1% on Wednesday. The company traded as high as GBX 223.50 and last traded at GBX 223.50. Approximately 1,161,570 shares were traded during trading, an increase of 19% from the average session volume of 972,415 shares. The stock had previously closed at GBX 221.

The European Smaller Companies Trust Price Performance

The firm has a market cap of £757.71 million, a PE ratio of 6.24 and a beta of 1.28. The company has a current ratio of 0.07, a quick ratio of 0.04 and a debt-to-equity ratio of 9.38. The company has a 50 day moving average price of GBX 233.36 and a 200 day moving average price of GBX 232.70.

The European Smaller Companies Trust (LON:ESCT) last released its quarterly earnings results on Wednesday, September 30th. The company reported GBX 5.30 EPS for the quarter. The European Smaller Companies Trust had a net margin of 92.80% and a return on equity of 13.22%.

Insider Transactions at The European Smaller Companies Trust

In other The European Smaller Companies Trust news, insider Kate Cornish Bowden bought 459 shares of The European Smaller Companies Trust stock in a transaction that occurred on Tuesday, September 8th. The shares were acquired at an average price of GBX 240 per share, for a total transaction of £1,101.60. Company insiders own 0.08% of the company’s stock.

About The European Smaller Companies Trust

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.