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

Aberforth Smaller Companies Trust Plc (LON:ASL) shares crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 1,425.62 ($17.97) and traded as low as GBX 1,364 ($17.19). Aberforth Smaller Companies Trust shares last traded at GBX 1,369 ($17.25), with a volume of 185,200 shares traded.

Aberforth Smaller Companies Trust Trading Down 1.3 %

The firm’s 50-day moving average price is GBX 1,425.62 and its two-hundred day moving average price is GBX 1,489.17. The stock has a market cap of £1.13 billion, a PE ratio of 4.44 and a beta of 1.38.

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.