The European Smaller Companies Trust (LON:TRG) Trading Down 1.8% – Should You Sell?

The European Smaller Companies Trust PLC (LON:TRG)’s share price fell 1.8% on Wednesday . The stock traded as low as GBX 175 ($2.28) and last traded at GBX 175 ($2.28). 107,418 shares traded hands during mid-day trading, a decline of 51% from the average session volume of 221,291 shares. The stock had previously closed at GBX 178.20 ($2.32).

The European Smaller Companies Trust Price Performance

The company has a 50 day moving average of GBX 175 and a two-hundred day moving average of GBX 175. The firm has a market cap of £701.52 million and a P/E ratio of 2.13. The company has a quick ratio of 0.01, a current ratio of 0.04 and a debt-to-equity ratio of 10.60.

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.