Aberforth Smaller Companies Trust (LON:ASL) Share Price Passes Above 50-Day Moving Average – Time to Sell?

Aberforth Smaller Companies Trust Plc (LON:ASL) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 1,620.48 and traded as high as GBX 1,674. Aberforth Smaller Companies Trust shares last traded at GBX 1,666, with a volume of 117,072 shares changing hands.

Aberforth Smaller Companies Trust Trading Up 0.7%

The company’s 50-day moving average price is GBX 1,623.24 and its two-hundred day moving average price is GBX 1,560.24. The company has a market cap of £1.33 billion, a P/E ratio of 14.23 and a beta of 1.38.

Aberforth Smaller Companies Trust (LON:ASL) last released its earnings results on Thursday, January 29th. The company reported GBX 64.02 earnings per share for the quarter. Aberforth Smaller Companies Trust had a net margin of 112.81% and a return on equity of 18.22%.

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.