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Aberforth Smaller Companies Trust (LON:ASL) Stock Price Passes Below 50 Day Moving Average - Here's What Happened

Aberforth Smaller Companies Trust logo with Financial Services background

Key Points

  • Aberforth Smaller Companies Trust stock has fallen below its 50-day moving average of GBX 1,540.71, currently trading at GBX 1,520 ($20.29).
  • The trust reported earnings of GBX 32.64 per share in its last quarterly results, with a return on equity of 18.22% and a net margin of 112.81%.
  • Aberforth Smaller Companies Trust primarily invests in value stocks of small-cap companies across various sectors in the UK market.
  • Five stocks we like better than Aberforth Smaller Companies Trust.

Aberforth Smaller Companies Trust Plc (LON:ASL - Get Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 1,540.71 ($20.56) and traded as low as GBX 1,520 ($20.29). Aberforth Smaller Companies Trust shares last traded at GBX 1,520 ($20.29), with a volume of 142,656 shares trading hands.

Aberforth Smaller Companies Trust Stock Performance

The firm has a fifty day moving average price of GBX 1,540.71 and a two-hundred day moving average price of GBX 1,462.41. The stock has a market capitalization of £1.23 billion, a P/E ratio of 1,909.22 and a beta of 1.38.

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

(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.

Further Reading

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