The European Smaller Companies Trust (LON:ESCT) Sets New 1-Year High – Here’s Why

The European Smaller Companies Trust PLC (LON:ESCTGet Free Report)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 190 ($2.47) and last traded at GBX 190 ($2.47), with a volume of 372411 shares traded. The stock had previously closed at GBX 188 ($2.44).

The European Smaller Companies Trust Stock Performance

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 stock’s 50 day moving average is GBX 180.52 and its 200 day moving average is GBX 175.57. The stock has a market capitalization of £749.43 million, a price-to-earnings ratio of 8.96 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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