The European Smaller Companies Trust (LON:ESCT) Hits New 52-Week High at $174.00

Shares of The European Smaller Companies Trust PLC (LON:ESCT) reached a new 52-week high on Thursday . The company traded as high as GBX 174 ($2.19) and last traded at GBX 173.80 ($2.18), with a volume of 328208 shares changing hands. The stock had previously closed at GBX 173.40 ($2.18).

The European Smaller Companies Trust Price Performance

The company has a market cap of £707.77 million, a P/E ratio of 884.00 and a beta of 1.28. The firm’s 50-day moving average is GBX 167.70 and its two-hundred day moving average is GBX 158.33. 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 firm also recently announced a dividend, which was paid on Friday, May 3rd. Stockholders of record on Thursday, April 4th were issued a GBX 1.45 ($0.02) dividend. The ex-dividend date was Thursday, April 4th. This represents a dividend yield of 0.88%. The European Smaller Companies Trust’s dividend payout ratio (DPR) is presently 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.