The European Smaller Companies Trust (LON:ESCT) Issues Quarterly Earnings Results

The European Smaller Companies Trust (LON:ESCT) posted its quarterly earnings results on Thursday. The company reported GBX 1.19 ($0.02) earnings per share for the quarter, Digital Look Earnings reports. The European Smaller Companies Trust had a return on equity of 10.91% and a net margin of 87.06%.

The European Smaller Companies Trust Stock Down 0.7 %

Shares of ESCT opened at GBX 188.68 ($2.45) on Thursday. The European Smaller Companies Trust has a 52 week low of GBX 162.50 ($2.11) and a 52 week high of GBX 190.65 ($2.48). 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 company has a market capitalization of £744.24 million, a price-to-earnings ratio of 8.90 and a beta of 1.25. The stock’s 50-day moving average price is GBX 180.78 and its 200-day moving average price is GBX 175.66.

About The European Smaller Companies Trust

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.