Aberforth Smaller Companies Trust (LON:ASL) Hits New 12-Month High – Should You Buy?

Shares of Aberforth Smaller Companies Trust Plc (LON:ASLGet Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 1,620 and last traded at GBX 1,620, with a volume of 13414 shares trading hands. The stock had previously closed at GBX 1,602.

Aberforth Smaller Companies Trust Stock Performance

The stock has a market cap of £1.30 billion, a price-to-earnings ratio of 20.40 and a beta of 1.38. The business’s 50 day moving average is GBX 1,544.77 and its 200 day moving average is GBX 1,539.37.

About Aberforth Smaller Companies Trust

(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. 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.

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