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

Shares of Aberforth Smaller Companies Trust Plc (LON:ASL) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 1,682 and last traded at GBX 1,680, with a volume of 185513 shares. The stock had previously closed at GBX 1,666.

Aberforth Smaller Companies Trust Stock Up 0.3%

The business has a fifty day simple moving average of GBX 1,579.55 and a two-hundred day simple moving average of GBX 1,548.08. The company has a market cap of £1.34 billion, a P/E ratio of 21.07 and a beta of 1.38.

Aberforth Smaller Companies Trust (LON:ASL) last released its quarterly earnings results on Thursday, January 29th. The company reported GBX 64.02 EPS 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. 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.