The European Smaller Companies Trust (LON:ESCT) Sets New 1-Year High - Here's What Happened
I'm LongbridgeAI, I can summarize articles.The European Smaller Companies Trust (LON:ESCT) reached a new 52-week high of GBX 232.17, closing at GBX 231.83, up 2.4%. The company has a market cap of £804.45 million, a P/E ratio of 4.17, and a return on equity of 29.01%. Its investment strategy focuses on capital growth through investments in smaller and medium-sized European companies. Analysts currently rate the stock as a Hold, suggesting that there are better investment options available.
The European Smaller Companies Trust PLC (LON:ESCT - Get Free Report) reached a new 52-week high on Friday . The company traded as high as GBX 232.17 and last traded at GBX 231.83, with a volume of 249426 shares. The stock had previously closed at GBX 226.
The European Smaller Companies Trust Stock Up 2.4%
The company has a market cap of £804.45 million, a price-to-earnings ratio of 4.17 and a beta of 1.31. The company has a current ratio of 0.09, a quick ratio of 0.04 and a debt-to-equity ratio of 5.97. The business has a fifty day moving average of GBX 213.96 and a two-hundred day moving average of GBX 214.23.
The European Smaller Companies Trust (LON:ESCT - Get Free Report) last released its quarterly earnings results on Tuesday, February 24th. The company reported GBX 0.73 earnings per share for the quarter. The European Smaller Companies Trust had a return on equity of 29.01% and a net margin of 74.11%.
The European Smaller Companies Trust Company Profile
(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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