Aberforth Smaller Companies Trust (LON:ASL) Stock Price Crosses Above 50 Day Moving Average of $1,495.44

Aberforth Smaller Companies Trust Plc (LON:ASL) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 1,495.44 ($18.92) and traded as high as GBX 1,514.72 ($19.16). Aberforth Smaller Companies Trust shares last traded at GBX 1,510 ($19.10), with a volume of 96,361 shares traded.

Aberforth Smaller Companies Trust Stock Up 0.3 %

The company has a debt-to-equity ratio of 5.54, a current ratio of 17.69 and a quick ratio of 4.86. The company has a 50-day simple moving average of GBX 1,495.44 and a 200-day simple moving average of GBX 1,394.89. The firm has a market cap of £1.28 billion, a PE ratio of 1,290.60 and a beta of 1.34.

Insiders Place Their Bets

In related news, insider Patricia Dimond purchased 984 shares of the business’s stock in a transaction dated Monday, June 24th. The shares were purchased at an average cost of GBX 1,514 ($19.15) per share, for a total transaction of £14,897.76 ($18,843.61). Insiders own 10.41% of the company’s stock.

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.