Aberforth Smaller Companies Trust (LON:ASL) Sets New 12-Month High – Still a Buy?

Aberforth Smaller Companies Trust Plc (LON:ASLGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 1,716 and last traded at GBX 1,706, with a volume of 115614 shares traded. The stock had previously closed at GBX 1,692.

Aberforth Smaller Companies Trust Stock Performance

The company has a quick ratio of 4.86, a current ratio of 15.58 and a debt-to-equity ratio of 5.39. The company has a market cap of £1.32 billion, a PE ratio of 14.47 and a beta of 0.94. The business’s fifty day moving average is GBX 1,608.71 and its 200-day moving average is GBX 1,595.49.

Aberforth Smaller Companies Trust Company Profile

(Get Free Report)

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.

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