The Global Smaller Companies Trust (LON:GSCT) Shares Up 0.5% – Still a Buy?

The Global Smaller Companies Trust (LON:GSCT) shares were up 0.5% during mid-day trading on Wednesday . The stock traded as high as GBX 163.40 ($2.03) and last traded at GBX 163 ($2.03). Approximately 401,228 shares changed hands during trading, a decline of 59% from the average daily volume of 979,971 shares. The stock had previously closed at GBX 162.20 ($2.02).

The Global Smaller Companies Trust Stock Up 0.5 %

The company has a debt-to-equity ratio of 6.69, a current ratio of 0.96 and a quick ratio of 0.64. The business’s fifty day moving average price is GBX 163.98 and its two-hundred day moving average price is GBX 164.56. The stock has a market capitalization of £821.37 million, a PE ratio of -2,716.67 and a beta of 1.01.

The Global Smaller Companies Trust (LON:GSCT) last released its quarterly earnings data on Tuesday, December 17th. The company reported GBX 1.45 ($0.02) EPS for the quarter.

The Global Smaller Companies Trust Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, January 23rd. Stockholders of record on Tuesday, December 24th were given a GBX 0.70 ($0.01) dividend. This represents a dividend yield of 0.42%. The ex-dividend date was Tuesday, December 24th. The Global Smaller Companies Trust’s dividend payout ratio (DPR) is presently -3,333.33%.

The Global Smaller Companies Trust Company Profile

The trust offers investor access to a broadly spread global smaller companies portfolio. The portfolio consists of individual smaller company investments within the US, UK and European markets, and fund holdings targeting smaller companies in Japan, Asia, Latin America and other smaller territories. The dividend of the Company has risen for 53 years in a row, benefiting from a growing income stream from the investment portfolio.

Past performance is not a guide to future performance.