The European Smaller Companies Trust (LON:ESCT) Trading Up 0.9% – Time to Buy?

Shares of The European Smaller Companies Trust PLC (LON:ESCTGet Free Report) rose 0.9% on Monday . The company traded as high as GBX 187 ($2.43) and last traded at GBX 186.40 ($2.42). Approximately 180,688 shares were traded during trading, a decline of 92% from the average daily volume of 2,218,846 shares. The stock had previously closed at GBX 184.80 ($2.40).

The European Smaller Companies Trust Stock Performance

The company has a 50-day moving average price of GBX 180.40 and a two-hundred day moving average price of GBX 175.48. The company has a quick ratio of 0.04, a current ratio of 0.08 and a debt-to-equity ratio of 11.30. The stock has a market capitalization of £735.23 million, a P/E ratio of 8.79 and a beta of 1.25.

The European Smaller Companies Trust Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for The European Smaller Companies Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The European Smaller Companies Trust and related companies with MarketBeat.com's FREE daily email newsletter.