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

The European Smaller Companies Trust (LON:ESCT) posted its 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 net margin of 87.06% and a return on equity of 10.91%.

The European Smaller Companies Trust Stock Down 0.7 %

Shares of LON:ESCT opened at GBX 188.63 ($2.45) on Thursday. The company has a market capitalization of £744.03 million, a price-to-earnings ratio of 8.89 and a beta of 1.25. The European Smaller Companies Trust has a 12-month low of GBX 162.50 ($2.11) and a 12-month high of GBX 190.65 ($2.48). The business has a 50-day moving average price of GBX 180.78 and a 200 day moving average price of GBX 175.66. The company has a current ratio of 0.08, a quick ratio of 0.04 and a debt-to-equity ratio of 11.30.

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.