Aberforth Smaller Companies Trust (LON:ASL) Stock Price Crosses Below 50 Day Moving Average - Should You Sell?

Key Points

• Aberforth Smaller Companies Trust's stock price fell below its 50-day moving average on Wednesday, trading at a low of GBX 1,529.85 ($20.85).
• The company reported an earnings per share (EPS) of GBX 32.64 for the quarter, with a return on equity of 18.22% and a net margin of 112.81%.
• Aberforth Smaller Companies Trust has a market capitalization of £1.25 billion and a P/E ratio of 1,935.58, indicating potential volatility in its stock performance.

Shares of Aberforth Smaller Companies Trust Plc (LON:ASL - Get Free Report) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 1,542.19 ($20.78) and traded as low as GBX 1,529.85 ($20.61). Aberforth Smaller Companies Trust shares last traded at GBX 1,544 ($20.80), with a volume of 632,576 shares changing hands.

Aberforth Smaller Companies Trust Trading Down 0.9%

The firm has a market capitalization of £1.24 billion, a P/E ratio of 1,918.50 and a beta of 1.38. The business's 50 day simple moving average is GBX 1,542.07 and its two-hundred day simple moving average is GBX 1,458.01.

Aberforth Smaller Companies Trust (LON:ASL - Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The company reported GBX 32.64 earnings per share 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.