The European Smaller Companies Trust (LON:ESCT) Stock Price Up 0.6% – Time to Buy?

The European Smaller Companies Trust PLC (LON:ESCTGet Free Report) rose 0.6% on Thursday . The company traded as high as GBX 177.20 ($2.20) and last traded at GBX 177 ($2.20). Approximately 570,726 shares traded hands during trading, a decline of 88% from the average daily volume of 4,728,179 shares. The stock had previously closed at GBX 176 ($2.19).

The European Smaller Companies Trust Stock Up 0.6 %

The company has a current ratio of 0.08, a quick ratio of 0.04 and a debt-to-equity ratio of 11.30. The firm’s fifty day moving average price is GBX 172.50 and its 200-day moving average price is GBX 175.65. The company has a market cap of £698.14 million, a price-to-earnings ratio of 842.86 and a beta of 1.25.

About The European Smaller Companies Trust

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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.

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