Aberforth Smaller Companies Trust (LON:ASL) Reaches New 12-Month High – What’s Next?

Aberforth Smaller Companies Trust Plc (LON:ASL)’s stock price reached a new 52-week high on Friday. The stock traded as high as GBX 1,828 and last traded at GBX 1,824, with a volume of 17927 shares traded. The stock had previously closed at GBX 1,794.

Aberforth Smaller Companies Trust Stock Up 1.7%

The stock has a market capitalization of £1.38 billion, a price-to-earnings ratio of 15.76 and a beta of 1.43. The business’s 50-day moving average is GBX 1,752.38 and its two-hundred day moving average is GBX 1,650.39. The company has a quick ratio of 4.86, a current ratio of 13.03 and a debt-to-equity ratio of 6.45.

Aberforth Smaller Companies Trust (LON:ASL) last released its quarterly earnings data on Tuesday, July 28th. The company reported GBX 38.43 EPS for the quarter. Aberforth Smaller Companies Trust had a net margin of 63.47% and a return on equity of 6.52%.

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.