The European Smaller Companies Trust (LON:ESCT) Hits New 12-Month High at $173.00

The European Smaller Companies Trust PLC (LON:ESCT) hit a new 52-week high on Friday . The company traded as high as GBX 173 ($2.14) and last traded at GBX 172.86 ($2.14), with a volume of 118045 shares traded. The stock had previously closed at GBX 170.60 ($2.11).

The European Smaller Companies Trust Stock Performance

The firm’s 50 day moving average is GBX 166.48 and its 200 day moving average is GBX 157.39. The company has a debt-to-equity ratio of 13.29, a quick ratio of 0.04 and a current ratio of 0.04. The stock has a market cap of £690.95 million, a P/E ratio of 863.00 and a beta of 1.28.

The European Smaller Companies Trust Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, May 3rd. Shareholders of record on Thursday, April 4th will be issued a GBX 1.45 ($0.02) dividend. This represents a yield of 0.88%. The ex-dividend date of this dividend is Thursday, April 4th. The European Smaller Companies Trust’s dividend payout ratio is currently 2,500.00%.

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.