The European Smaller Companies Trust (LON:ESCT) Reaches New 1-Year High at $170.80

The European Smaller Companies Trust PLC (LON:ESCT)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as GBX 170.80 ($2.14) and last traded at GBX 169.20 ($2.12), with a volume of 80206 shares. The stock had previously closed at GBX 169.50 ($2.13).

The European Smaller Companies Trust Stock Performance

The firm has a market capitalization of £681.00 million, a price-to-earnings ratio of 855.00 and a beta of 1.28. The company has a fifty day moving average of GBX 162.76 and a two-hundred day moving average of GBX 154.74. The company has a debt-to-equity ratio of 13.29, a quick ratio of 0.04 and a current ratio of 0.04.

The European Smaller Companies Trust Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, May 3rd. Investors of record on Thursday, April 4th will be issued a dividend of GBX 1.45 ($0.02) per share. The ex-dividend date is Thursday, April 4th. This represents a yield of 0.88%. The European Smaller Companies Trust’s payout ratio is currently 2,500.00%.

About The European Smaller Companies Trust

TR European Growth Trust PLC is a closed-ended equity mutual fund launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in the public equity markets of Europe. It seeks to invest in stocks of companies operating across diversified sectors.