The European Smaller Companies Trust (LON:ESCT) Announces Earnings Results

The European Smaller Companies Trust (LON:ESCTGet Free Report) released its quarterly earnings results on Thursday. The company reported GBX 1.19 ($0.02) earnings per share for the quarter, Digital Look Earnings reports. The European Smaller Companies Trust had a return on equity of 10.91% and a net margin of 87.06%.

The European Smaller Companies Trust Stock Performance

LON ESCT opened at GBX 188.68 ($2.45) on Thursday. The stock has a 50-day moving average of GBX 180.78 and a 200 day moving average of GBX 175.66. The European Smaller Companies Trust has a twelve month low of GBX 162.50 ($2.11) and a twelve month high of GBX 190.65 ($2.48). The stock has a market capitalization of £744.24 million, a price-to-earnings ratio of 8.90 and a beta of 1.25. 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 European Smaller Companies Trust Company Profile

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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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