The European Smaller Companies Trust (LON:ESCT) Sets New 12-Month High at $179.80

The European Smaller Companies Trust PLC (LON:ESCT) reached a new 52-week high on Wednesday . The company traded as high as GBX 179.80 ($2.26) and last traded at GBX 179.20 ($2.25), with a volume of 787478 shares trading hands. The stock had previously closed at GBX 176.80 ($2.22).

The European Smaller Companies Trust Price Performance

The stock has a market capitalization of £718.17 million, a PE ratio of 896.00 and a beta of 1.28. The firm’s 50 day simple moving average is GBX 168.31 and its 200 day simple moving average is GBX 159.06. The company has a debt-to-equity ratio of 13.29, a current ratio of 0.04 and a quick ratio of 0.04.

The European Smaller Companies Trust Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, May 3rd. Investors of record on Thursday, April 4th were given a dividend of GBX 1.45 ($0.02) per share. The ex-dividend date was Thursday, April 4th. This represents a yield of 0.88%. The European Smaller Companies Trust’s payout ratio is 2,500.00%.

About The European Smaller Companies Trust

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.