The European Smaller Companies Trust (LON:ESCT) Sets New 1-Year High at $187.40

The European Smaller Companies Trust PLC (LON:ESCT) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 187.40 ($2.38) and last traded at GBX 187.40 ($2.38), with a volume of 51321 shares trading hands. The stock had previously closed at GBX 187 ($2.38).

The European Smaller Companies Trust Price Performance

The business has a 50-day moving average price of GBX 172.64 and a 200 day moving average price of GBX 162.32. The stock has a market cap of £749.24 million, a PE ratio of 935.00 and a beta of 1.28. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 13.29.

The European Smaller Companies Trust Cuts Dividend

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