Aberforth Smaller Companies Trust (LON:ASL) Posts Quarterly Earnings Results

Aberforth Smaller Companies Trust (LON:ASL) posted its earnings results on Thursday. The company reported GBX 64.02 earnings per share for the quarter, Digital Look Earnings reports. Aberforth Smaller Companies Trust had a net margin of 112.81% and a return on equity of 18.22%.

Aberforth Smaller Companies Trust Stock Performance

Shares of ASL stock traded up GBX 4 during trading hours on Friday, hitting GBX 1,680. The company had a trading volume of 73,415 shares, compared to its average volume of 155,050. The firm’s fifty day moving average is GBX 1,579.55 and its 200 day moving average is GBX 1,548.08. Aberforth Smaller Companies Trust has a 12 month low of GBX 1,162 and a 12 month high of GBX 1,692.66. The firm has a market capitalization of £1.34 billion, a price-to-earnings ratio of 21.07 and a beta of 1.38.

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.