Insider Buying: The European Smaller Companies Trust (LON:ESCT) Insider Acquires 18,000 Shares of Stock

The European Smaller Companies Trust PLC (LON:ESCT) insider Daniel Burgess bought 18,000 shares of the company’s stock in a transaction that occurred on Friday, December 5th. The stock was bought at an average cost of GBX 211 per share, for a total transaction of £37,980.

The European Smaller Companies Trust Stock Performance

LON:ESCT traded up GBX 0.88 during midday trading on Friday, reaching GBX 210.88. The stock had a trading volume of 1,839,734 shares, compared to its average volume of 1,099,595. The company has a quick ratio of 0.04, a current ratio of 0.08 and a debt-to-equity ratio of 11.30. The European Smaller Companies Trust PLC has a 12-month low of GBX 155.45 and a 12-month high of GBX 223.50. The stock has a market cap of £753.40 million, a P/E ratio of 8.78 and a beta of 1.25. The firm has a fifty day simple moving average of GBX 210.55 and a two-hundred day simple moving average of GBX 209.79.

The European Smaller Companies Trust (LON:ESCT) last posted its quarterly earnings results on Tuesday, October 21st. The company reported GBX 4.24 earnings per share (EPS) for the quarter. The European Smaller Companies Trust had a net margin of 87.06% and a return on equity of 10.91%.

The European Smaller Companies Trust Company Profile

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.