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

Aberforth Smaller Companies Trust Plc (LON:ASLGet Free Report) hit a new 52-week high on Wednesday . The company traded as high as GBX 1,682 and last traded at GBX 1,680, with a volume of 185513 shares. The stock had previously closed at GBX 1,666.

Aberforth Smaller Companies Trust Price Performance

The firm has a market cap of £1.34 billion, a P/E ratio of 21.05 and a beta of 1.38. The company’s 50-day moving average is GBX 1,571.31 and its two-hundred day moving average is GBX 1,546.25.

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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