The European Smaller Companies Trust (LON:ESCT) Hits New 12-Month High at $174.00

The European Smaller Companies Trust PLC (LON:ESCT) hit a new 52-week high during trading on Thursday . The company traded as high as GBX 174 ($2.19) and last traded at GBX 173.80 ($2.18), with a volume of 328208 shares trading hands. The stock had previously closed at GBX 173.40 ($2.18).

The European Smaller Companies Trust Price Performance

The stock has a market capitalization of £707.77 million, a PE ratio of 884.00 and a beta of 1.28. The firm’s 50 day simple moving average is GBX 167.70 and its 200 day simple moving average is GBX 158.33. The company has a debt-to-equity ratio of 13.29, a current ratio of 0.04 and a quick ratio of 0.04.

The European Smaller Companies Trust Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, May 3rd. Shareholders of record on Thursday, April 4th were paid a GBX 1.45 ($0.02) dividend. This represents a yield of 0.88%. The ex-dividend date of this dividend was Thursday, April 4th. The European Smaller Companies Trust’s dividend payout ratio is presently 2,500.00%.

About The European Smaller Companies Trust

TR European Growth Trust PLC is a closed-ended equity mutual fund launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in the public equity markets of Europe. It seeks to invest in stocks of companies operating across diversified sectors.