The Global Smaller Companies Trust (LON:GSCT) Shares Up 0.9% – Time to Buy?

Shares of The Global Smaller Companies Trust (LON:GSCT) traded up 0.9% during mid-day trading on Friday . The company traded as high as GBX 153.20 ($1.98) and last traded at GBX 153.20 ($1.98). 326,519 shares traded hands during trading, a decline of 62% from the average session volume of 855,072 shares. The stock had previously closed at GBX 151.80 ($1.96).

The Global Smaller Companies Trust Stock Performance

The stock’s 50-day moving average is GBX 160.43 and its 200-day moving average is GBX 163.23. The firm has a market capitalization of £736.48 million, a price-to-earnings ratio of 1.24 and a beta of 1.01. The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 5.91.

The Global Smaller Companies Trust (LON:GSCT) last posted its quarterly earnings data on Tuesday, December 17th. The company reported GBX 1.45 ($0.02) EPS for the quarter. The Global Smaller Companies Trust had a net margin of 845.39% and a return on equity of 77.62%.

The Global Smaller Companies Trust Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, January 23rd. Shareholders of record on Tuesday, December 24th were issued a dividend of GBX 0.70 ($0.01) per share. The ex-dividend date of this dividend was Tuesday, December 24th. This represents a yield of 0.42%. The Global Smaller Companies Trust’s payout ratio is 1.61%.

About The Global Smaller Companies Trust

The trust offers investor access to a broadly spread global smaller companies portfolio. The portfolio consists of individual smaller company investments within the US, UK and European markets, and fund holdings targeting smaller companies in Japan, Asia, Latin America and other smaller territories. The dividend of the Company has risen for 53 years in a row, benefiting from a growing income stream from the investment portfolio.

Past performance is not a guide to future performance.