Aberforth Smaller Companies Trust (LON:ASL) Share Price Crosses Below 50-Day Moving Average - What's Next?

Key Points

• Aberforth Smaller Companies Trust's shares fell below their 50-day moving average of GBX 1,542.51, with recent trading as low as GBX 1,523.
• The company has a market capitalization of £1.28 billion and a low P/E ratio of 5.03, indicating it may be undervalued compared to its earnings.
• Last reported earnings showed an EPS of GBX 32.64 with a net margin of 112.81% and a return on equity of 18.22%.

Aberforth Smaller Companies Trust Plc (LON:ASL - Get Free Report)'s stock price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 1,542.51 ($20.83) and traded as low as GBX 1,523 ($20.57). Aberforth Smaller Companies Trust shares last traded at GBX 1,534 ($20.72), with a volume of 133,943 shares.

Aberforth Smaller Companies Trust Price Performance

The company has a 50-day simple moving average of GBX 1,543.03 and a 200-day simple moving average of GBX 1,442.69. The stock has a market cap of £1.25 billion, a PE ratio of 1,918.50 and a beta of 1.38.

Aberforth Smaller Companies Trust (LON:ASL - Get Free Report) last released its quarterly earnings data 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.