Aberforth Smaller Companies Trust (LON:ASL) Reaches New 1-Year High – Still a Buy?

Aberforth Smaller Companies Trust Plc (LON:ASL)’s stock price hit a new 52-week high on Thursday. The company traded as high as GBX 1,874.36 and last traded at GBX 1,866, with a volume of 170,601 shares traded. The stock had previously closed at GBX 1,848.

Aberforth Smaller Companies Trust Trading Down 0.5%

The company has a market cap of £1.41 billion, a P/E ratio of 16.04 and a beta of 1.39. 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 stock’s 50-day moving average is GBX 1,763.22 and its two-hundred day moving average is GBX 1,661.16.

Aberforth Smaller Companies Trust (LON:ASL) last announced its 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 return on equity of 6.52% and a net margin of 63.47%.

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.