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Aberforth Smaller Companies Trust (LON:ASL) Share Price Passes 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) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 1,426.04 ($19.18) and traded as high as GBX 1,506 ($20.25). Aberforth Smaller Companies Trust shares last traded at GBX 1,503 ($20.21), with a volume of 80,578 shares traded.

Aberforth Smaller Companies Trust Stock Up 1.1%

The stock has a market cap of £1.26 billion, a P/E ratio of 4.94 and a beta of 1.38. The business has a 50 day moving average price of GBX 1,435.72 and a 200 day moving average price of GBX 1,409.64.

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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