The European Smaller Companies Trust (LON:TRG) Trading Down 1.8% – What’s Next?

Shares of The European Smaller Companies Trust PLC (LON:TRGGet Free Report) dropped 1.8% during mid-day trading on Wednesday . The company traded as low as GBX 175 ($2.22) and last traded at GBX 175 ($2.22). Approximately 107,418 shares traded hands during trading, a decline of 51% from the average daily volume of 221,291 shares. The stock had previously closed at GBX 178.20 ($2.26).

The European Smaller Companies Trust Stock Down 1.8 %

The firm has a market cap of £701.52 million and a price-to-earnings ratio of 2.13. The company has a debt-to-equity ratio of 10.60, a current ratio of 0.04 and a quick ratio of 0.01. The firm’s fifty day moving average is GBX 175 and its two-hundred day moving average is GBX 175.

About The European Smaller Companies Trust

(Get Free Report)

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.

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