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

The European Smaller Companies Trust (LON:ESCT) released its quarterly earnings data 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 13.22% and a net margin of 92.80%.

The European Smaller Companies Trust Price Performance

ESCT stock opened at GBX 231.20 on Friday. The business has a 50 day moving average price of GBX 235.98 and a 200 day moving average price of GBX 230.38. The company has a quick ratio of 0.04, a current ratio of 0.07 and a debt-to-equity ratio of 9.38. The stock has a market cap of £786.28 million, a price-to-earnings ratio of 4.17 and a beta of 1.28. The European Smaller Companies Trust has a fifty-two week low of GBX 193.80 and a fifty-two week high of GBX 247.21.

Insider Buying and Selling

In related news, insider Kate Cornish Bowden purchased 459 shares of the company’s stock in a transaction on Tuesday, September 8th. The shares were bought at an average cost of GBX 240 per share, for a total transaction of £1,101.60. 0.08% of the stock is owned by corporate insiders.

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.