The Global Smaller Companies Trust (LON:GSCT) Shares Down 0.6% – Here’s What Happened

Shares of The Global Smaller Companies Trust (LON:GSCT) dropped 0.6% during trading on Monday . The company traded as low as GBX 182.60 and last traded at GBX 184.20. Approximately 476,914 shares traded hands during mid-day trading, a decline of 51% from the average daily volume of 970,086 shares. The stock had previously closed at GBX 185.40.

The Global Smaller Companies Trust Stock Performance

The stock has a 50-day moving average of GBX 183.46 and a 200 day moving average of GBX 176.60. The company has a debt-to-equity ratio of 6.23, a current ratio of 1.21 and a quick ratio of 0.64. The stock has a market capitalization of £772.84 million, a price-to-earnings ratio of 14.67 and a beta of 1.25.

About The Global Smaller Companies Trust

The Global Smaller Companies Trust seeks to provide investors with exposure to the long-term growth potential within the thousands of smaller sized companies listed on global stock-markets. We focus investment efforts on high quality, well managed, financially robust and profitable companies. In addition to a good track record, we want our holdings to be moving with the times and making the necessary investment in their businesses to take account of the changing world in which we live.

Our team-based investment approach allows broad coverage and in-depth analysis of the companies in which we invest.