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Aberforth Smaller Companies Trust (LON:ASL) Shares Pass Above 50 Day Moving Average - Here's Why

Aberforth Smaller Companies Trust logo with Financial Services background

Aberforth Smaller Companies Trust Plc (LON:ASL - Get Free Report)'s stock price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 1,344.76 ($18.01) and traded as high as GBX 1,482 ($19.85). Aberforth Smaller Companies Trust shares last traded at GBX 1,468 ($19.66), with a volume of 158,134 shares trading hands.

Aberforth Smaller Companies Trust Price Performance

The business's 50 day moving average is GBX 1,353.32 and its 200-day moving average is GBX 1,403.99. The company has a market cap of £1.24 billion, a PE ratio of 4.89 and a beta of 1.38.

Aberforth Smaller Companies Trust Company Profile

(Get Free Report)

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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