Aberforth Smaller Companies Trust (LON:ASL) Issues Earnings Results

Aberforth Smaller Companies Trust (LON:ASL) released its quarterly earnings results on Tuesday. The company reported GBX 38.43 EPS for the quarter, Digital Look Earnings reports. Aberforth Smaller Companies Trust had a return on equity of 6.86% and a net margin of 61.93%.

Aberforth Smaller Companies Trust Price Performance

ASL opened at GBX 1,703.32 on Thursday. The stock’s 50-day moving average price is GBX 1,657.59 and its 200 day moving average price is GBX 1,608.97. Aberforth Smaller Companies Trust has a 12-month low of GBX 1,408.07 and a 12-month high of GBX 1,758. The company has a current ratio of 15.58, a quick ratio of 4.86 and a debt-to-equity ratio of 5.39. The firm has a market cap of £1.32 billion, a price-to-earnings ratio of 14.45 and a beta of 1.44.

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.