Aberforth Smaller Companies Trust (LON:ASL) Stock Passes Below 200-Day Moving Average - What's Next?

Key Points

• Aberforth Smaller Companies Trust (LON:ASL) passed below its 200‑day moving average (200‑day MA GBX 1,565.85), trading as low as GBX 1,510 and last at GBX 1,512 on volume of 85,459 shares — a potential bearish technical signal.
• The trust is a closed‑ended UK small‑cap value equity fund managed by Aberforth with a market cap of £1.19bn, P/E of 12.87, latest quarterly EPS GBX 64.02, ROE 6.86% and a net margin of 84.29%.

Shares of Aberforth Smaller Companies Trust Plc (LON:ASL - Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,565.85 and traded as low as GBX 1,510. Aberforth Smaller Companies Trust shares last traded at GBX 1,512, with a volume of 85,459 shares traded.

Aberforth Smaller Companies Trust Stock Up 0.4%

The firm's fifty day moving average price is GBX 1,552.27 and its 200-day moving average price is GBX 1,565.85. The company has a debt-to-equity ratio of 5.39, a current ratio of 15.58 and a quick ratio of 4.86. The firm has a market capitalization of £1.19 billion, a P/E ratio of 12.87 and a beta of 1.40.

Aberforth Smaller Companies Trust (LON:ASL - Get Free Report) last announced its earnings results on Thursday, January 29th. The company reported GBX 64.02 EPS for the quarter. Aberforth Smaller Companies Trust had a return on equity of 6.86% and a net margin of 84.29%.

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. It employs fundamental analysis with both bottom-up and top-down stock picking approaches with the focus on factors like businesses financial statements and assessment of their market positions to create its portfolio.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.