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

The European Smaller Companies Trust (LON:ESCT) released its quarterly 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

The European Smaller Companies Trust stock remained flat at GBX 231 during trading on Friday. The company had a trading volume of 374,022 shares, compared to its average volume of 991,086. The stock has a fifty day moving average price of GBX 235.96 and a two-hundred day moving average price of GBX 230.38. The European Smaller Companies Trust has a 52-week low of GBX 193.80 and a 52-week high of GBX 247.21. The stock has a market capitalization of £785.59 million, a PE ratio of 4.16 and a beta of 1.28. The company has a debt-to-equity ratio of 9.38, a current ratio of 0.07 and a quick ratio of 0.04.

Insider Buying and Selling

In related news, insider Kate Cornish Bowden acquired 459 shares of the company’s stock in a transaction dated Tuesday, September 8th. The stock was bought at an average price of GBX 240 per share, with a total value of £1,101.60. 0.08% of the stock is 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.