The Global Smaller Companies Trust (LON:GSCT) Hits New 52-Week High at $164.60

The Global Smaller Companies Trust PLC (LON:GSCT)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 164.60 ($2.07) and last traded at GBX 164.40 ($2.07), with a volume of 430241 shares traded. The stock had previously closed at GBX 164 ($2.06).

The Global Smaller Companies Trust Price Performance

The company has a quick ratio of 0.64, a current ratio of 0.96 and a debt-to-equity ratio of 6.69. The business’s 50-day simple moving average is GBX 156.58 and its 200-day simple moving average is GBX 147.65. The stock has a market cap of £831.92 million, a PE ratio of -2,723.80 and a beta of 1.01.

Insider Activity at The Global Smaller Companies Trust

In related news, insider Randeep Singh Grewal acquired 6,213 shares of The Global Smaller Companies Trust stock in a transaction on Monday, April 29th. The shares were acquired at an average cost of GBX 161 ($2.02) per share, with a total value of £10,002.93 ($12,566.49). In other news, insider Randeep Singh Grewal bought 6,213 shares of the firm’s stock in a transaction dated Monday, April 29th. The stock was purchased at an average price of GBX 161 ($2.02) per share, with a total value of £10,002.93 ($12,566.49). Also, insider Graham Oldroyd purchased 12,383 shares of the company’s stock in a transaction that occurred on Friday, April 26th. The shares were purchased at an average price of GBX 161 ($2.02) per share, for a total transaction of £19,936.63 ($25,046.02). 4.50% of the stock is owned by corporate insiders.

The Global Smaller Companies Trust Company Profile

BMO Global Smaller Companies PLC is a closed-ended equity mutual fund launched and managed by F&C Investment Business Ltd. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in growth and value stocks of small cap companies.