The European Smaller Companies Trust (LON:TRG) Shares Down 1.8%

The European Smaller Companies Trust PLC (LON:TRG)’s stock price was down 1.8% during mid-day trading on Tuesday . The stock traded as low as GBX 175 ($2.21) and last traded at GBX 175 ($2.21). Approximately 107,418 shares changed hands during mid-day trading, a decline of 51% from the average daily volume of 221,291 shares. The stock had previously closed at GBX 178.20 ($2.25).

The European Smaller Companies Trust Trading Down 1.8 %

The company has a debt-to-equity ratio of 10.60, a current ratio of 0.04 and a quick ratio of 0.01. The business has a 50-day simple moving average of GBX 175 and a two-hundred day simple moving average of GBX 175. The stock has a market cap of £701.52 million and a price-to-earnings ratio of 2.13.

The European Smaller Companies Trust Company Profile

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.