The European Smaller Companies Trust (LON:ESCT) Trading 0.5% Higher – Here’s Why

The European Smaller Companies Trust PLC (LON:ESCT)’s share price traded up 0.5% during trading on Wednesday . The stock traded as high as GBX 224 and last traded at GBX 223. 527,054 shares traded hands during mid-day trading, a decline of 71% from the average session volume of 1,822,242 shares. The stock had previously closed at GBX 222.

The European Smaller Companies Trust Stock Performance

The company has a current ratio of 0.08, a quick ratio of 0.04 and a debt-to-equity ratio of 11.30. The company’s 50-day moving average price is GBX 219.98 and its two-hundred day moving average price is GBX 214.77. The company has a market cap of £781.86 million, a P/E ratio of 9.28 and a beta of 1.25.

Insider Activity at The European Smaller Companies Trust

In other The European Smaller Companies Trust news, insider Daniel Burgess purchased 18,000 shares of the firm’s stock in a transaction on Friday, December 5th. The shares were purchased at an average price of GBX 211 per share, for a total transaction of £37,980. Also, insider Stuart Paterson purchased 48,587 shares of the company’s stock in a transaction on Tuesday, November 25th. The stock was bought at an average cost of GBX 203 per share, for a total transaction of £98,631.61. Insiders acquired a total of 81,587 shares of company stock valued at $16,781,161 over the last ninety days. Insiders own 0.05% of the company’s stock.

About The European Smaller Companies Trust

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.