Aberforth Smaller Companies Trust (LON:ASL) Stock Crosses Above 50 Day Moving Average – What’s Next?

Shares of 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 1,470.12 ($18.42) and traded as high as GBX 1,478 ($18.52). Aberforth Smaller Companies Trust shares last traded at GBX 1,478 ($18.52), with a volume of 41,419 shares.

Aberforth Smaller Companies Trust Trading Up 1.4 %

The firm has a market cap of £1.24 billion, a PE ratio of 484.59 and a beta of 1.38. The company has a quick ratio of 4.86, a current ratio of 2.10 and a debt-to-equity ratio of 6.86. The firm has a 50 day moving average of GBX 1,470.12 and a 200 day moving average of GBX 1,533.38.

Insider Buying and Selling

In related news, insider Martin Warner bought 5,000 shares of the company’s stock in a transaction on Monday, September 30th. The stock was acquired at an average cost of GBX 1,578 ($19.77) per share, for a total transaction of £78,900 ($98,872.18). 10.42% of the stock is owned by insiders.

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.