The European Smaller Companies Trust (LON:ESCT) Sets New 1-Year High at $179.80

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

The European Smaller Companies Trust Trading Up 0.1 %

The company has a market capitalization of £718.17 million, a price-to-earnings ratio of 896.00 and a beta of 1.28. The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 13.29. The company’s fifty day simple moving average is GBX 168.31 and its two-hundred day simple moving average is GBX 159.06.

The European Smaller Companies Trust Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, May 3rd. Shareholders of record on Thursday, April 4th were issued a dividend of GBX 1.45 ($0.02) per share. The ex-dividend date of this dividend was Thursday, April 4th. This represents a yield of 0.88%. The European Smaller Companies Trust’s dividend payout ratio 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.