The European Smaller Companies Trust (LON:ESCT) Sets New 1-Year High - Here's What Happened

The European Smaller Companies Trust PLC (LON:ESCT - Get Free Report) reached a new 52-week high on Friday . The company traded as high as GBX 232.17 and last traded at GBX 231.83, with a volume of 249426 shares. The stock had previously closed at GBX 226.The European Smaller Companies Trust Stock Up 2.4%The company has a market cap of £804.45 million, a price-to-earnings ratio of 4.17 and a beta of 1.31. The company has a current ratio of 0.09, a quick ratio of 0.04 and a debt-to-equity ratio of 5.97. The business has a fifty day moving average of GBX 213.96 and a two-hundred day moving average of GBX 214.23. The European Smaller Companies Trust (LON:ESCT - Get Free Report) last released its quarterly earnings results on Tuesday, February 24th. The company reported GBX 0.73 earnings per share for the quarter. The European Smaller Companies Trust had a return on equity of 29.01% and a net margin of 74.11%.The European Smaller Companies Trust Company Profile (Get Free Report)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. See AlsoFive stocks we like better than The European Smaller Companies TrustThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in The European Smaller Companies Trust Right Now?Before you consider The European Smaller Companies Trust, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and The European Smaller Companies Trust wasn't on the list.While The European Smaller Companies Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here