Aberforth Smaller Companies Trust (LON:ASL) Share Price Crosses Below Fifty Day Moving Average – Here’s Why

Shares of Aberforth Smaller Companies Trust Plc (LON:ASLGet Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 1,460.64 ($18.05) and traded as low as GBX 1,412 ($17.45). Aberforth Smaller Companies Trust shares last traded at GBX 1,412 ($17.45), with a volume of 162,743 shares trading hands.

Aberforth Smaller Companies Trust Stock Down 0.1 %

The business has a 50 day moving average price of GBX 1,460.64 and a 200 day moving average price of GBX 1,530.77. The firm has a market capitalization of £1.19 billion, a P/E ratio of 462.30 and a beta of 1.38. The company has a debt-to-equity ratio of 6.86, a current ratio of 2.10 and a quick ratio of 4.86.

About Aberforth Smaller Companies Trust

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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.

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