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

Aberforth Smaller Companies Trust Plc (LON:ASL)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 1,706 and last traded at GBX 1,706, with a volume of 100556 shares traded. The stock had previously closed at GBX 1,676.

Aberforth Smaller Companies Trust Price Performance

The firm’s 50 day moving average price is GBX 1,630.64 and its two-hundred day moving average price is GBX 1,562.68. The firm has a market cap of £1.35 billion, a price-to-earnings ratio of 14.47 and a beta of 1.38.

Aberforth Smaller Companies Trust (LON:ASL) last posted its quarterly earnings data 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.