Aberforth Smaller Companies Trust (LON:ASL) Sets New 52-Week High – What’s Next?

Aberforth Smaller Companies Trust Plc (LON:ASL)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 1,758 and last traded at GBX 1,745.77, with a volume of 66141 shares trading hands. The stock had previously closed at GBX 1,752.

Aberforth Smaller Companies Trust Stock Performance

The stock has a market cap of £1.35 billion, a P/E ratio of 15.08 and a beta of 1.44. The business has a 50 day moving average price of GBX 1,682.94 and a 200 day moving average price of GBX 1,616.95. 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 issued its quarterly earnings results on Tuesday, July 28th. The company reported GBX 38.43 earnings per share (EPS) for the quarter. Aberforth Smaller Companies Trust had a return on equity of 6.52% and a net margin of 63.47%.

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.