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

The European Smaller Companies Trust (LON:ESCT) announced its quarterly earnings data on Thursday. The company reported GBX 1.19 ($0.02) EPS 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 Trading Down 0.6 %

The European Smaller Companies Trust stock opened at GBX 187 ($2.41) on Friday. The stock has a market cap of £737.60 million, a P/E ratio of 8.82 and a beta of 1.25. The company has a debt-to-equity ratio of 11.30, a quick ratio of 0.04 and a current ratio of 0.08. The European Smaller Companies Trust has a fifty-two week low of GBX 163.40 ($2.11) and a fifty-two week high of GBX 190.65 ($2.46). The firm’s fifty day moving average price is GBX 181.25 and its 200-day moving average price is GBX 175.80.

The European Smaller Companies Trust Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, May 2nd. Investors of record on Thursday, April 3rd will be paid a GBX 1.45 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a yield of 0.77%. The European Smaller Companies Trust’s dividend payout ratio is 23.57%.

The European Smaller Companies Trust Company Profile

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.