Aberforth Smaller Companies Trust (LON:ASL) Sets New 12-Month High – Still a Buy?

Aberforth Smaller Companies Trust Plc (LON:ASL) shares reached a new 52-week high on Monday . The stock traded as high as GBX 1,772 and last traded at GBX 1,757.67, with a volume of 2252 shares traded. The stock had previously closed at GBX 1,762.

Aberforth Smaller Companies Trust Price Performance

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 company has a fifty day moving average price of GBX 1,697.22 and a 200 day moving average price of GBX 1,619.32. The company has a market capitalization of £1.36 billion, a P/E ratio of 15.21 and a beta of 1.44.

Aberforth Smaller Companies Trust (LON:ASL) last announced 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 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.