Aberforth Smaller Companies Trust (LON:ASL) Share Price Passes Below 50-Day Moving Average – Should You Sell?

Aberforth Smaller Companies Trust Plc (LON:ASL) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 1,514.01 ($19.19) and traded as low as GBX 1,433.17 ($18.17). Aberforth Smaller Companies Trust shares last traded at GBX 1,436 ($18.20), with a volume of 150,922 shares traded.

Aberforth Smaller Companies Trust Stock Performance

The stock has a market cap of £1.21 billion, a P/E ratio of 470.82 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 business has a 50 day moving average price of GBX 1,514.01 and a two-hundred day moving average price of GBX 1,542.01.

Insider Transactions at Aberforth Smaller Companies Trust

In other Aberforth Smaller Companies Trust news, insider Martin Warner acquired 5,000 shares of the company’s stock in a transaction dated Monday, September 30th. The stock was purchased at an average price of GBX 1,578 ($20.00) per share, with a total value of £78,900 ($100,012.68). Corporate insiders own 10.42% of the company’s stock.

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.