The European Smaller Companies Trust (LON:ESCT) Reaches New 52-Week High at $179.80

The European Smaller Companies Trust PLC (LON:ESCT)’s share price reached a new 52-week high on Wednesday . The company traded as high as GBX 179.80 ($2.26) and last traded at GBX 179.20 ($2.25), with a volume of 787478 shares trading hands. The stock had previously closed at GBX 176.80 ($2.22).

The European Smaller Companies Trust Stock Up 0.3 %

The firm’s 50 day simple moving average is GBX 169.09 and its 200-day simple moving average is GBX 159.36. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 13.29. The stock has a market capitalization of £733.32 million, a price-to-earnings ratio of 913.00 and a beta of 1.28.

The European Smaller Companies Trust Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, May 3rd. Stockholders of record on Thursday, April 4th were issued a GBX 1.45 ($0.02) dividend. This represents a dividend yield of 0.88%. The ex-dividend date was Thursday, April 4th. The European Smaller Companies Trust’s payout ratio is 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.