Aberforth Smaller Companies Trust (LON:ASL) Shares Cross Below 50 Day Moving Average – Here’s What Happened

Aberforth Smaller Companies Trust Plc (LON:ASL)’s share price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 1,447.84 ($18.03) and traded as low as GBX 1,411.84 ($17.58). Aberforth Smaller Companies Trust shares last traded at GBX 1,414 ($17.61), with a volume of 115,822 shares.

Aberforth Smaller Companies Trust Price Performance

The company has a fifty day simple moving average of GBX 1,447.84 and a 200-day simple moving average of GBX 1,508.69. The company has a market cap of £1.19 billion, a P/E ratio of 463.04 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

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.