The European Smaller Companies Trust (LON:ESCT) Trading 0.9% Higher – What’s Next?

The European Smaller Companies Trust PLC (LON:ESCTGet Free Report)’s share price shot up 0.9% during mid-day trading on Monday . The stock traded as high as GBX 187 ($2.43) and last traded at GBX 186.40 ($2.42). 180,688 shares traded hands during mid-day trading, a decline of 92% from the average session volume of 2,218,846 shares. The stock had previously closed at GBX 184.80 ($2.40).

The European Smaller Companies Trust Trading Up 0.9 %

The firm’s 50 day moving average price is GBX 180.40 and its 200-day moving average price is GBX 175.48. 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 stock has a market cap of £735.23 million, a P/E ratio of 8.79 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.

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