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

The European Smaller Companies Trust (LON:ESCT) released its earnings results on Wednesday. The company reported GBX 5.30 earnings per share (EPS) for the quarter, Digital Look Earnings reports. The European Smaller Companies Trust had a net margin of 92.80% and a return on equity of 13.22%.

The European Smaller Companies Trust Stock Performance

Shares of ESCT stock opened at GBX 230.50 on Friday. The company has a debt-to-equity ratio of 9.38, a quick ratio of 0.04 and a current ratio of 0.07. The firm has a market capitalization of £783.89 million, a price-to-earnings ratio of 4.15 and a beta of 1.28. The European Smaller Companies Trust has a one year low of GBX 193.80 and a one year high of GBX 247.21. The company has a 50 day moving average price of GBX 235.98 and a 200 day moving average price of GBX 230.38.

Insider Buying and Selling at The European Smaller Companies Trust

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

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.