Aberforth Smaller Companies Trust (LON:ASL) Hits New 12-Month High – Should You Buy?

Shares of Aberforth Smaller Companies Trust Plc (LON:ASL) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 1,784 and last traded at GBX 1,750, with a volume of 113287 shares changing hands. The stock had previously closed at GBX 1,780.

Aberforth Smaller Companies Trust Trading Down 0.2%

The company has a debt-to-equity ratio of 6.45, a current ratio of 13.03 and a quick ratio of 4.86. The business’s fifty day simple moving average is GBX 1,719.46 and its 200 day simple moving average is GBX 1,624.72. The stock has a market cap of £1.35 billion, a price-to-earnings ratio of 15.11 and a beta of 1.44.

Aberforth Smaller Companies Trust (LON:ASL) last posted its quarterly earnings results on Tuesday, July 28th. The company reported GBX 38.43 earnings per share (EPS) for the quarter. Aberforth Smaller Companies Trust had a net margin of 63.47% and a return on equity of 6.52%.

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. 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.