Aberforth Smaller Companies Trust (LON:ASL) Hits New 12-Month Low – Here’s Why

Shares of Aberforth Smaller Companies Trust Plc (LON:ASLGet Free Report) reached a new 52-week low on Tuesday . The company traded as low as GBX 1,323.20 ($16.82) and last traded at GBX 1,323.20 ($16.82), with a volume of 186198 shares trading hands. The stock had previously closed at GBX 1,358 ($17.26).

Aberforth Smaller Companies Trust Stock Performance

The stock has a 50-day moving average of GBX 1,421.70 and a two-hundred day moving average of GBX 1,485.42. The company has a market cap of £1.10 billion, a P/E ratio of 4.34 and a beta of 1.38.

About Aberforth Smaller Companies Trust

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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.

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