Aberforth Smaller Companies Trust (LON:ASL) Shares Cross Below 50-Day Moving Average - Time to Sell?

Key Points

• Aberforth Smaller Companies Trust shares fell below their 50-day moving average of GBX 1,538.50, trading as low as GBX 1,509.29.
• The stock has a market capitalization of £1.27 billion and a low price-to-earnings (PE) ratio of 4.98.
• Latest quarterly earnings reported an EPS of GBX 32.64, with a return on equity of 18.22% and an impressive net margin of 112.81%.

Shares of Aberforth Smaller Companies Trust Plc (LON:ASL - Get Free Report) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 1,538.50 ($20.70) and traded as low as GBX 1,509.29 ($20.31). Aberforth Smaller Companies Trust shares last traded at GBX 1,514 ($20.37), with a volume of 126,212 shares.

Aberforth Smaller Companies Trust Trading Up 0.1%

The stock has a market capitalization of £1.27 billion, a PE ratio of 4.98 and a beta of 1.38. The stock has a 50 day moving average price of GBX 1,538.50 and a 200-day moving average price of GBX 1,436.57.

Aberforth Smaller Companies Trust (LON:ASL - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The company reported GBX 32.64 earnings per share (EPS) for the quarter. Aberforth Smaller Companies Trust had a return on equity of 18.22% and a net margin of 112.81%.

Aberforth Smaller Companies Trust Company Profile

Aberforth Smaller Companies Trust Plc is a closed-ended equity mutual fund launched and managed by Aberforth Partners LLP. The fund invests in public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in value stocks of small-cap companies.

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