Shares of The European Smaller Companies Trust PLC (LON:ESCT – Get Free Report) hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 165 ($2.10) and last traded at GBX 163.50 ($2.08), with a volume of 3190 shares trading hands. The stock had previously closed at GBX 161.50 ($2.06).
The European Smaller Companies Trust Stock Performance
The company has a debt-to-equity ratio of 13.29, a current ratio of 0.04 and a quick ratio of 0.04. The firm has a fifty day simple moving average of GBX 160.51 and a 200 day simple moving average of GBX 153.76. The company has a market cap of £668.53 million, a price-to-earnings ratio of 835.00 and a beta of 1.28.
The European Smaller Companies Trust Cuts Dividend
The business also recently declared a dividend, which will be paid on Friday, May 3rd. Shareholders of record on Thursday, April 4th will be issued a dividend of GBX 1.45 ($0.02) per share. The ex-dividend date of this dividend is Thursday, April 4th. This represents a yield of 0.88%. The European Smaller Companies Trust’s dividend payout ratio (DPR) is presently 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.
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