Aberforth Smaller Companies Trust (LON:ASL) Stock Price Crosses Above Fifty Day Moving Average - Here's Why

Key Points

• Aberforth Smaller Companies Trust's stock price recently crossed above its 50-day moving average of GBX 1,531.63, trading as high as GBX 1,556.
• The trust has a market capitalization of £1.29 billion, with a P/E ratio of 5.09 and a net margin of 112.81%.
• In its latest quarterly earnings report, Aberforth Smaller Companies Trust recorded an EPS of GBX 32.64 ($0.44) and a return on equity of 18.22%.

Aberforth Smaller Companies Trust Plc (LON:ASL - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 1,531.63 ($20.57) and traded as high as GBX 1,556 ($20.90). Aberforth Smaller Companies Trust shares last traded at GBX 1,549.11 ($20.81), with a volume of 76,787 shares trading hands.

Aberforth Smaller Companies Trust Stock Performance

The firm has a market cap of £1.29 billion, a price-to-earnings ratio of 5.08 and a beta of 1.38. The company's fifty day moving average is GBX 1,532.78 and its two-hundred day moving average is GBX 1,431.81.

Aberforth Smaller Companies Trust (LON:ASL - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The company reported GBX 32.64 ($0.44) EPS for the quarter. Aberforth Smaller Companies Trust had a net margin of 112.81% and a return on equity of 18.22%.

About Aberforth Smaller Companies Trust

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.