The European Smaller Companies Trust (LON:ESCT) Shares Down 1.2% – Time to Sell?

The European Smaller Companies Trust PLC (LON:ESCT)’s stock price fell 1.2% during trading on Friday . The stock traded as low as GBX 164.40 ($2.06) and last traded at GBX 164.40 ($2.06). 672,218 shares were traded during trading, a decline of 26% from the average session volume of 908,419 shares. The stock had previously closed at GBX 166.40 ($2.09).

The European Smaller Companies Trust Price Performance

The company has a debt-to-equity ratio of 11.30, a quick ratio of 0.04 and a current ratio of 0.08. The company has a market capitalization of £648.44 million, a P/E ratio of 782.86 and a beta of 1.25. The firm’s fifty day moving average is GBX 173.74 and its 200 day moving average is GBX 178.99.

The European Smaller Companies Trust Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, October 31st will be paid a dividend of GBX 3.35 ($0.04) per share. This is a boost from The European Smaller Companies Trust’s previous dividend of $1.45. The ex-dividend date is Thursday, October 31st. This represents a dividend yield of 1.88%. The European Smaller Companies Trust’s dividend payout ratio is currently 2,380.95%.

The European Smaller Companies Trust Company Profile

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.