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

The European Smaller Companies Trust PLC (LON:ESCTGet Free Report)’s share price shot up 0.6% during trading on Thursday . The stock traded as high as GBX 177.20 ($2.20) and last traded at GBX 177 ($2.19). 570,726 shares changed hands during trading, a decline of 88% from the average session volume of 4,728,179 shares. The stock had previously closed at GBX 176 ($2.18).

The European Smaller Companies Trust Price Performance

The company has a debt-to-equity ratio of 11.30, a current ratio of 0.08 and a quick ratio of 0.04. The firm has a fifty day moving average of GBX 172.72 and a two-hundred day moving average of GBX 175.60. The stock has a market capitalization of £699.32 million, a P/E ratio of 844.29 and a beta of 1.25.

About The European Smaller Companies Trust

(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.